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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

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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.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

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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. Regional Market Variations.

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

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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.

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

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The World Economic Forum (WEF), in partnership with US Special Presidential Envoy for Climate John Kerry, has launched the First Movers Coalition—a new platform for companies to make purchasing commitments that create new market demand for low carbon technologies. Phase 1 commitments launched. Founding members are A.P.

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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

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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

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Ford and Sollers sign MoU to establish a JV in Russia

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The proposed JV is one of a number of new market expansions focused on the Russian car market, which the Boston Consulting Group this week said may become the world’s sixth-largest by 2020, selling 4 million cars a year. Sollers had originally planned a joint venture with Fiat.

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

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FDG and other partners combined have invested nearly US $1 billion in bringing the medium-duty EV to market. Bryan Hansel, CEO of Chanje, also announced additions to the executive team: Ian Gardner, President - previously The Boston Consulting Group (BCG), Duke Energy, Los Angeles Clean Tech Incubator and others.