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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. market if heavily-subsidized Chinese EVs ever break through here. automakers. automakers. The post If $50,000 EVs still lose $6,000, when will EVs become profitable?

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

Baua Electric

Hyundai IONIQ 6 checks all the boxes as an affordable EV Hyundai introduced the IONIQ 6 electric sedan in South Korea in late 2022, with sales kicking off in the US in March 2023. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV.