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Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

The proposed JV is one of a number of new market expansions focused on the Russian car market, which the Boston Consulting Group this week said may become the world’s sixth-largest by 2020, selling 4 million cars a year. Sollers had originally planned a joint venture with Fiat. Ford began producing cars in Russia in 2002.

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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. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Ford sold 20,223 electric cars in the first quarter of 2023, while GM sold 16,425.

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Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Baua Electric

Hyundai’s IONIQ 6 was found to be the only EV that met potential buyers’ median price, range, and charging targets, according to a recent report from Boston Consulting Group. Source: Boston Consulting Group) At just $243 per month, the IONIQ 6 is significantly cheaper to lease than the Toyota Camry, which costs $346 per month.

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Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

2024 Hyundai IONIQ 5 (Source: Hyundai) Despite rivals like Ford and GM pulling back on EV plans, Hyundai and Kia remain focused on closing the gap with Tesla. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. FTC: We use income earning auto affiliate links.

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

Tony Karrer Delicious EVdriven

Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the Boston Consulting Group , which is under government contract to provide input on the prospects for G.M. April 17, 2009 11:38 am Link Goodbye GM. and Chrysler. Whatever B.C.G.’s

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Including suppliers, dealers, service centers, etc., A Boston Consulting Group (BCG) analysis of the European auto industry posits that about 930,000 existing auto manufacturing and supplier jobs will disappear with the introduction of EVS by 2030, but another 895,000 new jobs will be added. there are more than 7.25

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