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If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. Tesla is turning a profit on its EVs, but it definitely helps to have the bestselling vehicle on the planet and no legacy internal-combustion business to tend to. automakers.

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Shell to divest 1,000 retail locations, and also expand EV charging. Coincidence? – Charged EVs

Baua Electric

What’s more, Shell expects EV charging to be profitable: “As we grow our business offering charging for electric vehicles, we expect an internal rate of return of 12% or higher.” – Charged EVs appeared first on Bauaelectric Auto News. Shell Recharge, our public charging network, currently operates in around 33 countries.”

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When Will Electric Cars Start To Outsell Fossil-Fuel Vehicles? Projections Are All Over The Map

CleanTechnica EVs

By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. Originally posted on EVANNEX. But how far in the future are we talking about? Forecasts are all over the map.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Click to enlarge. Source: BCG. Click to enlarge.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. —Xavier Mosquet.

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Stiff competition for electric cars

Green Cars News

Anyone who thinks that the era of electrification is inevitable might have to think again – because it appears conventional automotive technologies may be able to keep electric cars at bay for a little longer.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.

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