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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. When all is said and done, EVs and combustion cars are structurally dissimilar.

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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. Tesla is turning a profit on its EVs, but it definitely helps to have the bestselling vehicle on the planet and no legacy internal-combustion business to tend to. automakers.

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U.S. EV adoption is happening faster than anticipated

Teslarati

In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018. ” Credit: Recurrent Auto. .” “You know what car it’s knocking off? ” 3 Major Factors.

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

Tony Karrer Delicious EVdriven

Supporters of the car say that’s shortsighted. Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. The group pointed to a B.C.G.

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