Remove All-Electric Remove Boston Consulting Group Remove Tax Credit
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

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 It’s the Toyota Camry.”

article thumbnail

Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

Much of the growth is thanks to rising demand for Hyundai’s electric models. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. Parker said Hyundai is giving buyers the confidence to go electric with long-range, fast-charging EVs at an affordable price.

Kia 52
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Home Page Todays Paper Video Most Popular Times Topics Search All NYTimes.com Energy & Environment World U.S. “Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. The group pointed to a B.C.G.

Volt 42