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

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.

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Boston Consulting Group Carbon Boston Purchase 186

Baua Electric

MARCH 20, 2024

While automakers prepare to launch their next wave of electric vehicles, Hyundai already has an EV that checks all the boxes. Hyundai IONIQ 6 checks all the boxes as an affordable EV Hyundai introduced the IONIQ 6 electric sedan in South Korea in late 2022, with sales kicking off in the US in March 2023.

Affordable 52

Affordable Boston Consulting Group Price Range 52

Driivz

MAY 13, 2022

Utilities have the greatest opportunity to profit from the increasing adoption of electric vehicles, differentiating themselves and boosting their customer value proposition. According to the Boston Consulting Group, the average utility can gain between US$3-$10 billion in new value. Leading the Charge.

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Electric Vehicles Boston Consulting Group Vehicles Grid 52

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.

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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. BCG comparison of the CO 2 reduction potential and cost of different technologies. Source: BCG. Click to enlarge.

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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

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Tax Credit Boston Consulting Group 2018 Tax 103