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% Including Kia and Genesis, Hyundai Motor was second, behind only Tesla. With up to 350 miles range, fast charging in under 20 minutes, and an affordable price, the IONIQ 6 offers it all.

article thumbnail

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.

article thumbnail

When Will Electric Cars Start To Outsell Fossil-Fuel Vehicles? Projections Are All Over The Map

CleanTechnica EVs

Forecasts are all over the map. By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. But how far in the future are we talking about? Automakers and governments have begun setting […].

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

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

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