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

Green Car Congress

Trucking: Members commit to purchase or contract zero-emission medium and heavy-duty vehicles by 2030. These can include battery or fuel-cell electric vehicles and also incorporate renewable sources of electricity and hydrogen for charging. The remaining sectoral commitments will launch in early 2022. Founding members are A.P.

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If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. Tesla is turning a profit on its EVs, but it definitely helps to have the bestselling vehicle on the planet and no legacy internal-combustion business to tend to.

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Shell to divest 1,000 retail locations, and also expand EV charging. Coincidence? – Charged EVs

Baua Electric

Shell’s “ Energy Transition Strategy 2024 ” mentions electric vehicles at least 30 times (accompanied in almost every case by a mention of biofuels), and concedes that growing EV adoption may cut into the demand for petroleum (at least a little). Is Shell shutting down gas stations in order to replace them with EV charging hubs? Coincidence?

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When Will Electric Cars Start To Outsell Fossil-Fuel Vehicles? Projections Are All Over The Map

CleanTechnica EVs

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. Originally posted on EVANNEX. But how far in the future are we talking about? Forecasts are all over the map.

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

Green Car Congress

For example, provisions are made such that electricity providers for plug-in vehicles as well as hydrogen fuel providers for hydrogen vehicles may generate credits under the LCFS which can be sold to regulated parties. In many respects, the LCFS is a first-of-its-kind regulation.

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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. ICE-propelled vehicles. —“Powering Autos to 2020” (draft). Source: BCG. Click to enlarge.

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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.