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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. consumers surveyed by Boston Consulting Group in January said they intend to purchase an EV as their next vehicle.

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Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

According to online auto research firm CarsDirect , Hyundai’s IONIQ 6 is the cheapest car to lease in the US, gas or electric, at an effective cost of just $249 per month. Hyundai’s IONIQ 6 is even cheaper to lease than a 2024 Toyota Corolla LE ($382/mo). Hyundai’s IONIQ 6 deals include $10,000 in lease cash. 361 $43,656 SEL RWD 77.4

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

EV Central

Australian manufacturer Roev plans to do just that from 2023 by converting Toyota Hiluxes and Ford Rangers to electric, with conversions priced from $47,990. Roev will remove the ICE from Toyota Hiluxes and Ford Rangers and replace them with an electric motor and batteries. 2023 Roev electric Toyota HiLux.

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U.S. EV adoption is happening faster than anticipated

Teslarati

The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. He added that battery electric vehicles cost too much and that the infrastructure isn’t ready for recharging the batteries away from home. This is a huge component of the cost of EVs.

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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&#.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Former Volkswagen CEO Herbert Diess said, for example, that he expected by 2030 that software “will account for half of our development costs.” VW, like every other automaker, wants to control those costs. There are also concerns in Japan, or at least by Toyota, over the potential for job losses from the transition to EVs.

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

Tony Karrer Delicious EVdriven

“While the Volt holds promise, it is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable,” the task force noted in its recent assessment of GM’s restructuring plans. The group pointed to a B.C.G.

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