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Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. Fresh EV registrations rose just 15 percent in January, according to data from S&P Global Mobility.

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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Sollers had originally planned a joint venture with Fiat.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. 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. One million.”. Neither does the U.S.

Market 99
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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. . Supporters of the car say that’s shortsighted. and Chrysler. Whatever B.C.G.’s

Volt 42