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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group 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.

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Study: EVs cannot succeed without developing parallel supercharging networks

Green Car Congress

The researchers contend that elected officials and public policymakers have called for a rapid shift toward EVs from traditional gasoline-powered transportation and have set ambitious goals. million automobiles were sold in the United States in 2019, of which only about 245,000 were battery-powered electric vehicles, researchers said.

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China and Norway Lead the World’s EV Switchover

Cars That Think

Early government investment in charging infrastructure went a long way toward soothing the range anxiety that made car buyers in other places reluctant to make the switch to battery power from gasoline or diesel. degrees C (2.7 degrees F).” degrees C (2.7 degrees F).” Who’s aiming to achieve what by decade’s end?

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

While this is presumably good news for people who have absolutely had it with dealerships marking up their products, some are growing concerned by how much electric vehicle inventories are outpacing their gasoline-reliant counterparts. That’s about double the average for gasoline vehicles. Though there are certainly exceptions.

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Report: Mercedes Having Tough Time Selling EVs

The Truth About Cars

Citing Edmunds data that shows Mercedes-Benz dealers took an average of 82 days to sell the brand's battery-powered EQ models in September (double BMW's 38-day turnaround rate while also being above the luxury segment average of 57 days), the outlet was hoping to shed some light on the matter.

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Electric Vehicle Adoption Divide Mapped

The Truth About Cars

The populace is split between gasoline-loving Luddites, endlessly bemoaning the current regulatory landscape and smug EV adopters who proselytize battery-powered vehicles with all the zealotry of a religious fanatic. They've got pricing power right now." "To There’s plenty of overlap between the two groups.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Transportation sector gasoline demand declines. Sales of battery-powered electric vehicles are 65% lower in the AEO2013 Reference case than the year before, with annual sales in 2035 estimated to be about 119,000. Motor gasoline consumption will be less than previously estimated. Click to enlarge.

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