This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In a new report (its fourth on electric car adoption) the BostonConsultingGroup 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.
Conventional automotive technologies have significant emission-reduction potential, according to a draft of the BostonConsultingGroup’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Click to enlarge.
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. Originally posted on EVANNEX. But how far in the future are we talking about? Forecasts are all over the map.
According to The BostonConsultingGroup , traffic congestion in India’s largest cities incurs costs amounting to billions of rupees annually. This initiative aims to enhance carpooling for employees, reduce traffic congestion, and contribute to a cleaner environment, while also offering significant economic benefits.
According to online auto research firm CarsDirect , Hyundai’s IONIQ 6 is the cheapest car to lease in the US, gas or electric, at an effective cost of just $249 per month. FTC: We use income earning auto affiliate links. That’s with only $239 due at signing (including a $7,500 EV lease bonus). 361 $43,656 SEL RWD 77.4
Hyundai’s IONIQ 6 was found to be the only EV that met potential buyers’ median price, range, and charging targets, according to a recent report from BostonConsultingGroup. Source: BostonConsultingGroup) At just $243 per month, the IONIQ 6 is significantly cheaper to lease than the Toyota Camry, which costs $346 per month.
However, advocacy groups have hit back branding the task force’s assessment as short-sighted. The California Cars Initiative believes the task force has been influenced unduly by “plug-in sceptics&# at the BostonConsultingGroup.
Recent research from BostonConsultingGroup also suggests that the next wave of EV adopters are much like EV early adopters, but with tighter price expectations. The post Fewer Americans aspire to EV ownership, Gallup poll suggests appeared first on Bauaelectric Auto News.
Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai Kona Electric N Line (Source: Hyundai) In fact, new research from auto research firm CarsDirect shows the Kona EV is one of the cheapest cars to lease in the US at just $169 per month. FTC: We use income earning auto affiliate links.
Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the BostonConsultingGroup. appeared first on Bauaelectric Auto News. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. automakers.
According to a new report from BostonConsultingGroup , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: BostonConsultingGroup) BCG research found that 70% of US consumers are considering buying an EV.
To win in the electric two-wheeler market, vehicles require deep customisation to cater to different consumer segments, and it is critical for OEMs to focus on those demands and develop targeted offerings to meet the needs, according to a report published by the BostonConsultingGroup (BCG).
Companies are getting on board, with 81% of businesses surveyed by the BostonConsultingGroup (BCG) measuring their direct emissions “to some extent” in 2021. appeared first on Bauaelectric Auto News. To find out more and get involved head to [link] or write to zoe.wadsworth@thomsonreuters.com.
“For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. billion Hyundai Motor Group Metaplant America (HMGMA) in Georgia is expected to be up and running by the end of the year. FTC: We use income earning auto affiliate links.
– Charged EVs appeared first on Bauaelectric Auto News. Sources: Shell , Bloomberg via Yahoo Finance The post Shell to divest 1,000 retail locations, and also expand EV charging. Coincidence?
Advocacy groups argue the task force’s assessment is shortsighted and worry that the Volt project may land in the scrap heap as G.M. “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. rolls toward bankruptcy.
happening much faster than anticipated, according to an observation of research by Recurrent Auto which is focused on providing transparency and confidence in pre-owned EV transactions. Recurrent Auto: EV adoption is happening faster than expected. ” Credit: Recurrent Auto. .” ” Credit: Recurrent Auto.
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. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content