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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.
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).
EnerDel purchases their raw materials from suppliers in Japan and Korea but is working on localizing production in the US. As Prabahakar Patel of CPI pointed out last year “ Lithium-ion battery costs have already come down by a factor of 15 over the past 18 years ”. The active materials are defined by the cell chemistry.
And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said. In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by BostonConsultingGroup (BCG) which has released a market projection for EV adoption annually since 2018. .”
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