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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. Earlier post.).
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. —Xavier Mosquet, a BCG senior partner and lead author of the study.
The BostonConsultingGroup predicts that people around the world will take 1 billion flights in air taxis in 2030, once sharing services have also established a presence on fixed routes above the ground; most of those air taxis will be capable of operating without a pilot. Bosch is working on sensor technology for air taxis.
Despite high costs for batteries, BostonConsultingGroup predicts that more and more hybrids and electrics vehicles will be on our roads in the future. BCG conducted in-depth studies into battery costs for EVs and plug-in vehicles.
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). million will be fully electric, 1.5
For example, provisions are made such that electricity providers for plug-in vehicles as well as hydrogen fuel providers for hydrogen vehicles may generate credits under the LCFS which can be sold to regulated parties. Both options will be associated with high LCFS credit prices. In many respects, the LCFS is a first-of-its-kind regulation.
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. —“Powering Autos to 2020” (draft). However, China is a major wildcard. Source: BCG.
However, advocacy groups have hit back branding the task force’s assessment as short-sighted. The California Cars Initiative believes the task force has been influenced unduly by “plug-in sceptics&# at the BostonConsultingGroup.
Advocacy groups argue the task force’s assessment is shortsighted and worry that the Volt project may land in the scrap heap as G.M. “Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. and Chrysler. .
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