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Electric vehicles including the electric F-150 require significantly less maintenance than a typical gasoline engine, creating more than 40% savings for its lifetime total cost of operation. A giant front trunk (frunk) on the electric F-150 adds even more cargo-carrying versatility and security to help protect and move valuable items.
BCG’s analysis finds that cellulosic ethanol is on the verge of becoming cost-competitive with gasoline at $3/gal US. Click to enlarge. The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner.
In a new report (its fourth on electric car adoption) the BostonConsultingGroup forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The low cost of gasoline in the US will yield similar results.
Conventional automotive technologies have significant emission-reduction potential, according to a draft of the BostonConsultingGroup’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. BCG comparison of the CO 2 reduction potential and cost of different technologies. Source: BCG. Click to enlarge.
Obligated parties are upstream producers and importers of gasoline and diesel fuel sold in the state. Several groups have studied potential future compliance scenarios under the LCFS including BostonConsultingGroup (2012) and ICF International (2013).
The taskforce stated that “while the Volt holds promise, it is currently projected to be much more expensive than its gasoline fuelled peers and will likely need substantial reductions in manufacturing costs in order to become commercially viable&#.
Over 97 percent of American convenience stores that sell gasoline are owned or operated by independent operators. For retailers, the current business model of gasoline sales offers razor-thin profit margins. These businesses heavily depend on in-store sales to stay afloat.
While the Volt holds promise, it is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable,” the task force noted in its recent assessment of GM’s restructuring plans. . and Chrysler. Whatever B.C.G.’s
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. Another thing not reflected in the 2022 forecast was California’s proposed ban on the sale of gasoline vehicles in 2034.
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