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Press Releases

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September 17, 2024

Climate Leaders Boost Bottom Line from Decarbonization, Averaging Over $200 Million in Annual Net Benefits
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September 5, 2024

Generative AI Instantly Elevates the Aptitude of Knowledge Workers: Consultants Achieve up to 49 Percentage Point Improvement on Complex Tasks Outside Their Skillset
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September 3, 2024

Putting the Customer at the Center Can Turbocharge the Energy Transition

Boston Consulting Group Reaches Resolution with US Department of Justice

BCG Voluntarily Self-Disclosed Matter to the DOJ and Fully Cooperated with the DOJBCG Will Disgorge Related Profits from Past Activities in AngolaSignificant Investments Made by BCG to Enhance Risk and Compliance ProgramsBOSTON—The US Department of Justice (DOJ) declined to prosecute BCG under the Foreign Corrupt Practices Act for conduct related to certain employees’ activities in Angola from 2011 to 2017. In declining to prosecute, the DOJ cited BCG’s voluntary self-disclosure, full cooperation, and compliance enhancements. In resolving the matter, BCG will disgorge $14.4 million, which the DOJ calculated to reflect BCG’s profits from the impacted work in Angola.
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Almost 40% of European High-End Buyers Are Looking to Purchase Their First Electric Vehicle in the Next 12 Months–If the Product Experience Is Right

A New Wave of High-End Buyers Is Ready to Make the Change From Internal Combustion Engines If Their Needs and Concerns Are AddressedCharging Experience and Range Are the Biggest Hurdles to AdoptionCharging and Range Concerns Significantly Lower for Those Who Have Driven a Battery Electric VehicleSafety, Comfort, and Sustainability Are the Key Purchasing Criteria, along with the Digital and Tech ExperienceBOSTON—After a slowdown in the European battery electric vehicle market, a new wave of high-end buyers shows potential to drive a recovery. Thirty-eight percent of high-end consumers looking at a car purchase of €80,000 or more within the next year are considering a battery electric vehicle. Among these prospective buyers, 64% would choose an electric vehicle over an internal combustion engine alternative if the models offered the same specifications. However, to capture this growing segment, electric vehicle manufacturers must prioritize addressing customer needs and alleviating key concerns. These are among the findings of a new Boston Consulting Group (BCG) study, Europe’s High-End Buyers Rethink EV Ownership, released today.