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07 Feb
14:32

Manufacturing bottlenecks, shortages of critical materials threaten EV transition: BCG

This year will be another key make-or-break year for the electric vehicle (EVs) industry, according to the Boston Consulting Group (BCG). Huge sums are being poured into new manufacturing capacity and technologies, especially in the US, since passage of the Inflation Reduction Act. By 2030, BCG predicts, electric cars will account for 39% of light vehicles sold globally, Kallanish notes. “However, for this future to materialise, the su…
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