The Truth About Cars

MARCH 21, 2024

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. Automakers differ in their approaches to EVs, but most have felt the punch of slowing sales growth.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Hyundai’s second dedicated EV, the IONIQ 6, saw sales surge 1,542% in Q1 to 3,646.

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Baua Electric

APRIL 17, 2024

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. Ford in February announced a new strategy focusing on smaller, lower-cost EVs at higher volume, to tackle potential Chinese rivals.

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Baua Electric

MARCH 20, 2024

Hyundai IONIQ 6 checks all the boxes as an affordable EV Hyundai introduced the IONIQ 6 electric sedan in South Korea in late 2022, with sales kicking off in the US in March 2023. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV.

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EV Central

NOVEMBER 24, 2022

Australian manufacturer Roev plans to do just that from 2023 by converting Toyota Hiluxes and Ford Rangers to electric, with conversions priced from $47,990. That makes the locally-converted utes cheaper than the LDV eT60 that has just gone on sale priced from $92,990 drive-away.

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Green Car Congress

AUGUST 10, 2017

Bryan Hansel, CEO of Chanje, also announced additions to the executive team: Ian Gardner, President - previously The Boston Consulting Group (BCG), Duke Energy, Los Angeles Clean Tech Incubator and others. Jeff Robinson, VP of Manufacturing - previously Tesla, Ford, Mazda, General Motors and others.

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Cars That Think

JANUARY 17, 2023

Ford, for example, recently cut 3,000 highly-paid salaried and contract workers as a down payment to help fund the transition to EVs. Ford CEO Jim Farley has said , employee cuts are necessary as Ford has “too many places in some places, no doubt about it. Ford is not alone.

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