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Underscoring the need to stabilize policy and spur investment, key recommendations in the report include a buying consortium for raw energy materials, a system of shared pilot lines to speed the commercialization of new battery technologies, significant additional investment in battery industry workforce training, and permitting reform.
BostonConsultingGroup, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. consumers surveyed by BostonConsultingGroup in January said they intend to purchase an EV as their next vehicle.
A series of recent reports—one from the National Research Council (NRC) ( earlier post ) and another from the BostonConsultingGroup ( earlier post )—concluded that an expected continuing high cost of lithium-ion batteries will dampen mass market adoption of plug-in vehicles. Mike Hanley.
Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The BostonConsultingGroup (BCG).
Buying an electric car with at least 300 miles of range is getting more affordable than ever. Several automakers, including Hyundai , Kia, and Tesla, are now offering long-range EVs (those with at least 300 miles range) that are cheaper to buy than the average gas-powered car in the US.
In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by BostonConsultingGroup (BCG) which has released a market projection for EV adoption annually since 2018. That’s a function of how automakers understand what consumers want to buy. ” Credit: Recurrent Auto.
According to a new report from BostonConsultingGroup , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: BostonConsultingGroup) BCG research found that 70% of US consumers are considering buying an EV.
Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the BostonConsultingGroup , which is under government contract to provide input on the prospects for G.M. I would buy a Volt for $40K. and Chrysler. Whatever B.C.G.’s — Ken Smith 4.
Of those households surveyed, 7% reported owning an EV, up from 4% a year ago, while a steady 16% of Americans over the past few years indicated that they are “EV consumers,” which Gallup defines as those who already own an EV or are seriously considering buying one.
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