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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. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. market if heavily-subsidized Chinese EVs ever break through here.

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Volt supporters hit back at criticism

Green Cars News

The taskforce stated that “while the Volt holds promise, it is currently projected to be much more expensive than its gasoline fuelled peers and will likely need substantial reductions in manufacturing costs in order to become commercially viable&#. Tags: Chevrolet Green cars Latest news general motors Chevrolet Volt.

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

Tony Karrer Delicious EVdriven

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. Supporters of the car say that’s shortsighted.

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