The Truth About Cars

MARCH 21, 2024

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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Boston Consulting Group Boston F-150 Tax Credit 105

Cars That Think

JANUARY 17, 2023

For example, the Biden Administration has proudly proclaimed that moving to EVs will be the source of new, high-paying, jobs. President Biden says his EV policies will result in “one million new jobs in the American automobile industry. Brian Cassella/Chicago Tribune/Tribune News Service/Getty Images. One million.”.

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Market Auto Industry Auto Michigan 96

Tony Karrer Delicious EVdriven

APRIL 21, 2009

. “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 Toyota Prius took over five years to reach break-even and has gone on to be a wild success.&# and Chrysler. Staff Tom Zeller Jr.

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Volt Green Electric Cars 2009 42