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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 third relevant area of technology is electric power generation.
Advanced biofuels, concentrated solar power (CSP), and solar photovoltaic power (PV) will see accelerating adoption and growth and are on track to change the global energy mix far earlier than is often assumed, according to a new report from The BostonConsultingGroup (BCG). Click to enlarge.
Both proposals have the additional advantage of generating funds which may be used to increase investments in low CI fuel technologies. The LCFS program calls for a 10% reduction in the carbon intensity of fuel sold in California over the next decade. The program is agnostic as to which fuels can be used to meet the Standard.
BCG comparison of the CO 2 reduction potential and cost of different technologies. 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. Source: BCG. Source: BCG.
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.).
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).
According to a recent study by the BostonConsultingGroup, the active materials and purchased parts for a cell can cost $200-$270/kWh and many people believe the entire battery pack systems (cells, packs, electronic controls) are currently selling for $750 to $950/kWh in large applications.
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. . The group pointed to a B.C.G.
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