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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

BCG’s analysis finds that cellulosic ethanol is on the verge of becoming cost-competitive with gasoline at $3/gal US. ” also sees steady adoption of on-shore wind and electric vehicle technologies, but suggests that off-shore wind and carbon capture and sequestration look likely to fade or decline. Click to enlarge.

Solar 295
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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group 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. Regional Market Variations.

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U.S. EV adoption is happening faster than anticipated

Teslarati

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. According to Hollis, consumer demand isn’t sufficient enough for the mass adoption of battery electric vehicles to develop as fast as everyone would like. 26% in the 2020 report.