BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars
Green Car Congress
JUNE 15, 2011
Assuming the China government remains committed to EVs, BCG expects that these vehicles will represent 7% of new vehicle sales in 2020, supported by car buyers’ enthusiasm for the technology and the country’s high gasoline taxes. A combination of peak oil with incentives or lower battery costs could increase EV penetration by 6%.
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