Remove All-Electric Remove Boston Consulting Group Remove Global Remove Sale
article thumbnail

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

The Truth About Cars

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.

article thumbnail

Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

According to S&P Global registration data, Hyundai was the fourth best-selling EV maker in 2024, with 51,411 electric cars delivered, or 4.5% Earlier this month, Hyundai introduced its “Getaway Sales Event,” offering savings on popular models, including its all-electric vehicles. of the US EV market.

article thumbnail

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. Regional Market Variations.

article thumbnail

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. BCG comparison of the CO 2 reduction potential and cost of different technologies. Source: BCG. Click to enlarge.

CO2 246
article thumbnail

New electric truck company Chanje emerges from stealth; first model out this year

Green Car Congress

Chanje, a California-based commercial electric vehicle and energy solutions company, has emerged from stealth mode. Chanje is a privately held US-registered corporation with technology and investment from its co-founding partner, Hong-Kong-based FDG Electric Vehicles Limited. A 70 kWh liquid-cooled battery can charge at up to 7.2

article thumbnail

U.S. EV adoption is happening faster than anticipated

Teslarati

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. According to Hollis, consumer demand isn’t sufficient enough for the mass adoption of battery electric vehicles to develop as fast as everyone would like. 26% in the 2020 report.

article thumbnail

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. 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.

Market 97