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Seven of these sectors—steel, cement, aluminum, chemicals, shipping, aviation, and trucking—account for more than a third of global carbon emissions, but do not have cost-competitive clean energy alternatives to fossil fuels. Trucking: Members commit to purchase or contract zero-emission medium and heavy-duty vehicles by 2030.
Announced in October 2021 by DOE and Argonne, Li-Bridge is spearheaded by three industry trade groups—NAATBatt International, the New York Battery and Energy Storage Technology (NY-BESTTM) Consortium, and New Energy Nexus—with active involvement from DOE national labs and BostonConsultingGroup.
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 BostonConsultingGroup (BCG). Click to enlarge.
In a new report (its fourth on electric car adoption) the BostonConsultingGroup 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. The third relevant area of technology is electric power generation.
The Chanje vehicles have demonstrated greater than 50 MPGe fuel economy in city and highway driving when tested by independent third-parties. A 70 kWh liquid-cooled battery can charge at up to 7.2 The dual motor system delivers a peak 148 kW and 564 lb-ft (764 N·m) of torque. s top law firms, the US EPA and other.
Both proposals have the additional advantage of generating funds which may be used to increase investments in low CI fuel technologies. The LCFS program calls for a 10% reduction in the carbon intensity of fuel sold in California over the next decade. The program is agnostic as to which fuels can be used to meet the Standard.
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. BCG sees fewer levers available for diesel-fueled ICEs, which are already optimized. 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.
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).
Originally posted on EVANNEX. By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. But how far in the future are we talking about? Forecasts are all over the map.
According to a recent study by the BostonConsultingGroup, the active materials and purchased parts for a cell can cost $200-$270/kWh and many people believe the entire battery pack systems (cells, packs, electronic controls) are currently selling for $750 to $950/kWh in large applications.
According to research from the BostonConsultingGroup, fuel retail networks are well on track to unprofitability by 2035, even in scenarios in which new mobility models are less disruptive and fossil fuel sales do not decline precipitously. Aided by the new U.S.
According to The BostonConsultingGroup , traffic congestion in India’s largest cities incurs costs amounting to billions of rupees annually. Employees are expected to save up to INR 15,000 per month on transportation costs through reduced fuel and maintenance expenses.
Strong demand in the US, Europe, and India fueled the growth. Source: BostonConsultingGroup) Hyundai and Kia already have some of the most affordable and fuel-efficient EVs on the market, including the IONIQ 5, IONIQ 6, and Kia EV6. Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27
While the Volt holds promise, it is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable,” the task force noted in its recent assessment of GM’s restructuring plans. . and Chrysler. Whatever B.C.G.’s
A BostonConsultingGroup (BCG) analysis of the European auto industry posits that about 930,000 existing auto manufacturing and supplier jobs will disappear with the introduction of EVS by 2030, but another 895,000 new jobs will be added. Fossil fuel job impacts. Little Japan cast doubts on that number.
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