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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. However, China is a major wildcard.

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BCG Report Expects Battery Costs Will Constrain Widespread Market Adoption of Fully Electric Vehicles, Absent a Technology Breakthrough; Forecasts 26% of Major Market New Cars in 2020 To be Hybrid or Electric

Green Car Congress

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 Boston Consulting Group (BCG). BCG Report. Cost and TCO.

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Electric Vehicles Adoption – A Huge Business Opportunity for Utilities

Driivz

According to the Boston Consulting Group, the average utility can gain between US$3-$10 billion in new value. Partner with automakers, fleet operators, charge point operators, parking lot owners and others. Strategic partnerships. Customer-facing. Provide home and public charging stations. Leading the Charge.

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U.S. EV adoption is happening faster than anticipated

Teslarati

And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said. In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018. .”