A preliminary look at an annual and influential report from Boston Consulting Group suggests the auto industry will reach a target of battery-electric vehicles accounting for 50% of new-vehicle sales by 2030 as battery costs drop.
The PHEV powertrain uses a 140-hp 1.5L gasoline engine coupled with a 206-hp electric motor, enough power to claim the 0-62 mph sprint time of 6.8 seconds.
Automakers are not only being challenged by BEV mandates, but also by the shift from internal-combustion-engine vehicles to those based largely on software.
EV Maker Polestar Risks Nasdaq DelistingThe company has until Jan. 2 to regain compliance by maintaining the stock market’s $1 minimum bid price requirement for at least 10 days.
