The Truth About Cars

MARCH 21, 2024

A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. 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.

Boston Consulting Group 105

Boston Consulting Group Boston F-150 Tax Credit 105

Green Car Congress

NOVEMBER 5, 2021

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. The remaining sectoral commitments will launch in early 2022.

Boston Consulting Group 186

Boston Consulting Group Carbon Boston Purchase 186

Green Car Congress

JANUARY 17, 2010

A series of recent reports—one from the National Research Council (NRC) ( earlier post ) and another from the Boston Consulting Group ( earlier post )—concluded that an expected continuing high cost of lithium-ion batteries will dampen mass market adoption of plug-in vehicles.

Plug-in 186

Plug-in Li-ion 2020 Plug 186

Green Car Congress

JUNE 15, 2011

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. ICE-propelled vehicles. BCG comparison of the CO 2 reduction potential and cost of different technologies.

CO2 246

CO2 Electric Cars 2020 United States 246

Teslarati

SEPTEMBER 4, 2022

According to Hollis, consumer demand isn’t sufficient enough for the mass adoption of battery electric vehicles to develop as fast as everyone would like. He added that battery electric vehicles cost too much and that the infrastructure isn’t ready for recharging the batteries away from home. “I

Tax Credit 102

Tax Credit Boston Consulting Group 2018 Tax 102

Green Car Congress

JANUARY 8, 2010

Although lithium-ion cell and pack costs are expected to fall sharply by 2020, they are unlikely to drop enough to support widespread adoption of fully electric vehicles without a major breakthrough in battery technology, according to a new study by The Boston Consulting Group (BCG). BCG Report. Cost and TCO.

Fully Electric 199

Fully Electric 2020 Market Lithium Ion 199

Cars That Think

JANUARY 17, 2023

By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. By some estimates , upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition.

Market 95

Market Auto Industry Auto Michigan 95