article thumbnail

Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

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. Batteries will need to get better. Nearly 40 percent of 3,000 U.S.

article thumbnail

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

Green Car Congress

The First Movers Coalition provides opportunities for a wide range of companies to make commitments, take action and build the clean and profitable supply chains of the future. These can include battery or fuel-cell electric vehicles and also incorporate renewable sources of electricity and hydrogen for charging.

article thumbnail

Boston Consulting Groups Says Hybrids and EVs Will Continue to Gain Market Share

All Cars Electric

Despite high costs for batteries, Boston Consulting Group predicts that more and more hybrids and electrics vehicles will be on our roads in the future. BCG conducted in-depth studies into battery costs for EVs and plug-in vehicles.

article thumbnail

If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. The simple answer may rest on volume. automakers.

article thumbnail

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

Baua Electric

According to a new report from Boston Consulting Group , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV. 361 $43,656 SEL RWD 77.4

article thumbnail

Hilux, Ranger EV ute conversions by Roev from $47,990 as company confirms 2023 production

EV Central

Roev will remove the ICE from Toyota Hiluxes and Ford Rangers and replace them with an electric motor and batteries. The Boston Consulting Group recently forecast that 55 percent of new utes sold in Australia by 2030 would be electric. That’s for a 64kWh battery pack with a claimed 240km of EV range.

article thumbnail

Bosch launches eScooter sharing service under new Coup brand

Green Car Congress

The storage compartment under the seat fits one helmet and two swappable batteries. In the future, a second helmet will be provided. The set-up and operation of the sharing platform have taken place in close strategic partnership with BCG Digital Ventures, the corporate venturing subsidiary of the Boston Consulting Group.