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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. While segment growth has improved, it’s not happening at the pace industry leaders expected.

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Li-Bridge outlines steps for US to double annual lithium battery revenues to $33 billion and provide 100,000 jobs by 2030

Green Car Congress

Li-Bridge, a public-private alliance representing the US battery ecosystem, convened by the US Department of Energy (DOE) and managed by Argonne National Laboratory, released an action plan to accelerate the creation of a robust domestic manufacturing base and comprehensive supply chain for lithium-based batteries.

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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. Technological Advances.

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Bosch developing sensor box for air taxis using production-tested components from automotive

Green Car Congress

The Boston Consulting Group predicts that people around the world will take 1 billion flights in air taxis in 2030, once sharing services have also established a presence on fixed routes above the ground; most of those air taxis will be capable of operating without a pilot. Bosch is working on sensor technology for air taxis.

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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

The proposed JV is one of a number of new market expansions focused on the Russian car market, which the Boston Consulting Group this week said may become the world’s sixth-largest by 2020, selling 4 million cars a year. Ford began producing cars in Russia in 2002.

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Ricardo white paper outlines needed developments to realize autonomous driving

Green Car Congress

According to the Boston Consulting Group, the projected size of the global autonomous vehicle market in 2025 will be $36 billion for partially autonomous vehicles (levels 1–3) and $6 billion for fully autonomous vehicles (level 4). Specifically, Ricardo suggests, the industry must leverage agent-based modeling (ABM).

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

One of the most vexing social challenges confronting the transition to EVs at scale is dealing with the effects that governmental EV transition policies will have on millions of jobs across a wide swath of industries. President Biden says his EV policies will result in “one million new jobs in the American automobile industry.

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