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Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

Boston Consulting Group, 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 Boston Consulting Group in January said they intend to purchase an EV as their next vehicle.

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WEF launches First Movers Coalition to drive demand for zero carbon tech

Green Car Congress

The World Economic Forum (WEF), in partnership with US Special Presidential Envoy for Climate John Kerry, has launched the First Movers Coalition—a new platform for companies to make purchasing commitments that create new market demand for low carbon technologies. The remaining sectoral commitments will launch in early 2022.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report from Boston Consulting Group , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV. 361 $43,656 SEL RWD 77.4

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

Green Car Congress

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.

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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. A combination of peak oil with incentives or lower battery costs could increase EV penetration by 6%.

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U.S. EV adoption is happening faster than anticipated

Teslarati

According to Hollis, consumer demand isn’t sufficient enough for the mass adoption of battery electric vehicles to develop as fast as everyone would like. He added that battery electric vehicles cost too much and that the infrastructure isn’t ready for recharging the batteries away from home. “I

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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). million will be fully electric, 1.5