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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.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

An obvious example involves the making of millions of EV batteries. needs over 100 battery cell manufacturing locations by 2035” to meet the projected EV demand. Currently, 15 battery factories are in operation or will be within five years. Of course, more EV battery factories creates more demand for raw materials.

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

Tony Karrer Delicious EVdriven

Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the Boston Consulting Group , which is under government contract to provide input on the prospects for G.M. and Chrysler. Whatever B.C.G.’s Volt will survive and prosper,” G.M.’s

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