Remove Boston Consulting Group Remove Charging Remove Ford Remove Tax Credit
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. Nearly 40 percent of 3,000 U.S. Nearly 40 percent of 3,000 U.S.

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. And, as in most discussions of ways to grow EV adoption, expansion of charging infrastructure will likely be a factor as well.