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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

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 Boston Consulting Group (BCG). Click to enlarge. BCG, November 2010).

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U.S. EV adoption is happening faster than anticipated

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The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. He added that battery electric vehicles cost too much and that the infrastructure isn’t ready for recharging the batteries away from home. EV adoption in the U.S.