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Study Suggests Automakers Lose $6,000 On Each EV Sold

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.

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Boston Consulting Group Boston F-150 Tax Credit 105
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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

JANUARY 17, 2023

needs over 100 battery cell manufacturing locations by 2035” to meet the projected EV demand. The impact of EVs on auto manufacturing and supplier jobs is harder to assess. Electric vehicles require new or re-tooled factories , each requiring thousands of employees.

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Market Auto Industry Auto Michigan 95
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