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Why Car Companies May Lose $6,000 On Each EV Sold For $50,000

InsideEVs

A new Boston Consulting Group report outlines the challenges automakers face as they scale up EV production.

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Porsche’s North American CEO Leaves Company

The Truth About Cars

President and CEO of Porsche Cars North America, Kjell Gruner, has left the company. & From Automotive News : In a statement, Porsche noted Gruner was leaving the company "at his own request." Gruner joined Porsche in 1999 from Boston Consulting Group.

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

Green Car Congress

The World Economic Forum (WEF), in partnership with US Special Presidential Envoy for Climate John Kerry, has launched the First Movers Coalition—a new platform for companies to make purchasing commitments that create new market demand for low carbon technologies.

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Li-Bridge outlines steps for US to double annual lithium battery revenues to $33 billion and provide 100,000 jobs by 2030

Green Car Congress

Announced in October 2021 by DOE and Argonne, Li-Bridge is spearheaded by three industry trade groups—NAATBatt International, the New York Battery and Energy Storage Technology (NY-BESTTM) Consortium, and New Energy Nexus—with active involvement from DOE national labs and Boston Consulting Group.

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Ford confirms construction of Rouge EV center to be home of electric F-150; production by mid-2022

Green Car Congress

A newly released study from Boston Consulting Group (BCG) found F-Series, America’s best-selling truck since 1977, is among the most valuable consumer goods in America and a key employment driver. The F-Series franchise alone generates more revenue than major companies such as McDonalds, Nike, Coca-Cola, Visa and Netflix.

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

EV Central

The Boston Consulting Group recently forecast that 55 percent of new utes sold in Australia by 2030 would be electric. The company says it has had plenty of early interest from a range of fleets. Roev will remove the ICE from Toyota Hiluxes and Ford Rangers and replace them with an electric motor and batteries.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Source: Boston Consulting Group) According to a new report from Boston Consulting Group , the IONIQ is the only EV that meets potential buyers’ range, charging, and price targets. 361 $43,656 SEL RWD 77.4