The Truth About Cars

MARCH 21, 2024

A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. 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.

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Boston Consulting Group Boston F-150 Tax Credit 105

Cars That Think

JANUARY 17, 2023

Electric vehicles require new or re-tooled factories , each requiring thousands of employees. How many will be new hires versus existing workers who are retrained is not clear. Brian Cassella/Chicago Tribune/Tribune News Service/Getty Images. billion to South Korean company Hyundai and $1.5 billion to Rivian.

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Market Auto Industry Auto Michigan 95

Tony Karrer Delicious EVdriven

APRIL 21, 2009

Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the Boston Consulting Group , which is under government contract to provide input on the prospects for G.M. It was able to get 90 miles per charge and they were all destroyed. and Chrysler.

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Volt Green Electric Cars 2009 42