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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.

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WEF launches First Movers Coalition to drive demand for zero carbon tech

Green Car Congress

The World Economic Forum (WEF), in partnership with US Special Presidential Envoy for Climate John Kerry, has launched the First Movers Coalition—a new platform for companies to make purchasing commitments that create new market demand for low carbon technologies. Founding members have made commitments in at least one of these sectors.

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Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. 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.

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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 expects these to be mainstream across most passenger-car segments in all major markets. Source: BCG.

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U.S. EV adoption is happening faster than anticipated

Teslarati

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. He added that battery electric vehicles cost too much and that the infrastructure isn’t ready for recharging the batteries away from home. “I

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Electric vehicles require new or re-tooled factories , each requiring thousands of employees. In addition, the elimination of the powertrain required in ICE vehicles means all those related auto part manufacturing jobs in the auto supplier community will disappear. However, another study by consulting group Arthur D.

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A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

The current collectors extend beyond the circuit via tabs and are welded together to make an electrical connection. All of the cathode collectors come off one side of the cell and the anode collectors on the opposite side. If they were to touch they would create an electrical short. Repeat 15-25 times. volts at this point.

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