article thumbnail

WEF launches First Movers Coalition to drive demand for zero carbon tech

Green Car Congress

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.

article thumbnail

Li-Bridge outlines steps for US to double annual lithium battery revenues to $33 billion and provide 100,000 jobs by 2030

Green Car Congress

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 Boston Consulting Group.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

Solar 295
article thumbnail

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. The third relevant area of technology is electric power generation.

article thumbnail

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

Green Car Congress

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.

article thumbnail

UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures

Green Car Congress

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.

Davis 261
article thumbnail

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

Green Car Congress

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. BCG sees fewer levers available for diesel-fueled ICEs, which are already optimized. Source: BCG.

CO2 246