article thumbnail

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.

article thumbnail

Is Hyundai’s IONIQ 6 the ultimate EV? Fast charging, long-range, and affordable price

Baua Electric

According to a new report from Boston Consulting Group , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV.

article thumbnail

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

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.

CO2 246
article thumbnail

E2Ws require customisation, OEMs must prioritise consumer demand: BCG  | Autocar Professional

Baua Electric

To win in the electric two-wheeler market, vehicles require deep customisation to cater to different consumer segments, and it is critical for OEMs to focus on those demands and develop targeted offerings to meet the needs, according to a report published by the Boston Consulting Group (BCG). percent in 2023-24 from 1.9

article thumbnail

U.S. EV adoption is happening faster than anticipated

Teslarati

And even if you were ready to purchase one, and if you could afford it … they’re still too high,” Hollis said. In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018.

article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

High-end engineering and computer software and systems jobs at auto suppliers are also at risk , as auto manufacturers are moving to shift those jobs in-house. One study shows that even in 2050, some 44 percent of all vehicle sales globally will still have internal combustion engines, albeit perhaps using biofuels.

Market 95
article thumbnail

A More Detailed Look at a Prismatic Li-ion Cell and Pack Manufacturing Process

Green Car Congress

EnerDel purchases their raw materials from suppliers in Japan and Korea but is working on localizing production in the US. Thermal management is crucial for lithium-ion cells and engineers try to focus as much attention on the cell’s environment as the occupant’s environment. The active materials are defined by the cell chemistry.

Li-ion 218