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Ford confirms construction of Rouge EV center to be home of electric F-150; production by mid-2022

Green Car Congress

The new manufacturing center at the Dearborn-based Rouge Center, once complete, will add 300 jobs and is part of a $700-million investment in building the all-new F-150 lineup, including the first F-150 PowerBoost hybrid. The new jobs will support battery assembly and production of the F-150 PowerBoost hybrid and fully electric F-150.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Source: Boston Consulting Group) According to a new report from Boston Consulting Group , the IONIQ is the only EV that meets potential buyers’ range, charging, and price targets. Affordable EVs are winning The other cheapest vehicle to lease (gas or EV) is Hyundai’s IONIQ 6, starting at just $239 per month.

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Electric cars will remain ‘too pricey’ over next decade

Green Cars News

The research undertaken by global management consultancy, The Boston Consulting Group (BCG), found that without a major technological breakthrough, batteries used in fully electric cars were likely to remain prohibitively expensive. Although prices are expected to [.].

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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. Most consumers in this group expect a payback within three years. Source: BCG. Click to enlarge.

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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.

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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. —Xavier Mosquet, a BCG senior partner and lead author of the study.

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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). million will be fully electric, 1.5