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New electric truck company Chanje emerges from stealth; first model out this year

Green Car Congress

In order to convert large North American commercial fleets to zero-emission as efficiently as possible, Chanje strategically chose to partner with FDG to leverage its technology and economies of scale found in China. FDG and other partners combined have invested nearly US $1 billion in bringing the medium-duty EV to market.

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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). Source: BCG. Click to enlarge.

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U.S. EV adoption is happening faster than anticipated

Teslarati

In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018. ” Scott added that there was a 97% cost reduction in lithium-ion battery prices over the past three decades up to 2018.