A new study from the Boston Consulting Group concludes that gasoline powered-vehicles will predominate till at least 2020; doubtful of their ability to attract customers, contradicting brighter industry forecasts predominantly due to battery costs.
Many all-electric or plug-in hybrid electric vehicles will be coming into the market soon, but this new study doubts their ability to capture much of the market despite industry claims to the contrary.
"The Boston Consulting Group study forecasts that most gasoline-powered cars will remain most popular for many years. It forecasts that they will represent 62 percent of sales in the United States and 58 percent of sales worldwide in 2020.
The main factor, the study says, is price. It predicts that the cost of a battery pack about the size of the Volt's will fall by $10,000, or 64 percent, from 2009 to 2020. But even then it would take about 15 years for the cost of owning an electric vehicle to equal that of a gas-powered car.
He said a three-year time frame would require significant government incentives or a drastic change in one or more factors, like oil prices of about $375 a barrel, more than quadruple today's price.
Thanks to Kenyon Karl
FULL STORY: Study Raises Cost Estimate for Electric Cars
Can Electric Cars Break Out of Niche Market?
Are you an environmentally aware, well educated, upper-middle class white man in your early 50s with a garage equipped with an electric outlet? If so, you meet the demographic to buy an electric vehicle. And that may be the EV's only potential group.
Will President Obama's E.V. Tax Credits Only Subsidise The Rich?
At $41,000 the new Chevrolet Volt is a "rich man's ride." Charles Lane asks why is President Obama offering federal tax credits of $7,500 to help better-off American's buy expensive cars?
The Small South Asian Republic Going all in on EVs
Thanks to one simple policy change less than five years ago, 65% of new cars in this Himalayan country are now electric.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
Seattle's Plan for Adopting Driverless Cars
Equity, safety, accessibility and affordability are front of mind as the city prepares for robotaxis and other autonomous vehicles.
As Trump Phases Out FEMA, Is It Time to Flee the Floodplains?
With less federal funding available for disaster relief efforts, the need to relocate at-risk communities is more urgent than ever.
With Protected Lanes, 460% More People Commute by Bike
For those needing more ammo, more data proving what we already knew is here.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)