2020, Batteries, Boston Consulting Group and Li-ion

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2020

Batteries

Boston Consulting Group

Li-ion

PRTM: Operational Gains Can Help Drive Li-ion Cost Reduction Exceeding 50% by 2020, with Plug-in Vehicle Adoption of 10%

Green Car Congress

JANUARY 17, 2010

A series of recent reports—one from the National Research Council (NRC) ( earlier post ) and another from the Boston Consulting Group ( earlier post )—concluded that an expected continuing high cost of lithium-ion batteries will dampen mass market adoption of plug-in vehicles. Earlier post.).

Plug-in

Plug-in Li-ion 2020 Plug

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

JANUARY 8, 2010

As an example of cost direction, BCG forecasts that NCA cell and pack costs will decline 60-65% by 2020. That same year, the market for electric-car batteries in those regions will reach $25 billion. Given current technology options, we see substantial challenges to achieving this goal by 2020. Source: BCG. Click to enlarge.

Fully Electric

Fully Electric 2020 Market Lithium Ion

EV Driven

PRTM: Operational Gains Can Help Drive Li-ion Cost Reduction Exceeding 50% by 2020, with Plug-in Vehicle Adoption of 10%

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

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