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PRTM: Operational Gains Can Help Drive Li-ion Cost Reduction Exceeding 50% by 2020, with Plug-in Vehicle Adoption of 10%

Green Car Congress

A series of recent reports—one from the National Research Council (NRC) ( earlier post ) and another from the Boston Consulting Group ( earlier post )—concluded that an expected continuing high cost of lithium-ion batteries will dampen mass market adoption of plug-in vehicles.

Plug-in 186
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New electric truck company Chanje emerges from stealth; first model out this year

Green Car Congress

Utilizing a single platform and global vehicle strategy, Chanje will subsequently introduce a full range of electric models including larger trucks and shuttle buses in a variety of lengths and capacities, all aimed at the urban vehicle segment. FDG brings immediate scale and OEM expertise in medium-duty EVs.

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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

I don’t think the market is ready. 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. “The market adoption is just happening faster than any moment in the past.