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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.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. The government’s efforts have, however, increased consumers’ awareness.

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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. The graph above shows how the EV sales projection for 2030 by BCG changed each time it released a report. According to BCG, EV sales projections in the U.S.