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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. Nearly 40 percent of 3,000 U.S. But they expressed strict requirements to make the jump.

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

Baua Electric

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. Stellantis CEO Carlos Tavares has said that EVs cost the company 50% more to make, however, and it’s not a premium that can be passed along in the final price.

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Hilux, Ranger EV ute conversions by Roev from $47,990 as company confirms 2023 production

EV Central

Australian manufacturer Roev plans to do just that from 2023 by converting Toyota Hiluxes and Ford Rangers to electric, with conversions priced from $47,990. That makes the locally-converted utes cheaper than the LDV eT60 that has just gone on sale priced from $92,990 drive-away. 2023 Roev electric Toyota HiLux.

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Bosch launches eScooter sharing service under new Coup brand

Green Car Congress

Coup, a wholly owned subsidiary of Bosch, now provides Berlin residents with a new mobility option featuring a simple pricing model. In the future, a second helmet will be provided. The pricing model is based on a flat-rate fee which charges €3 (US$3.40) for 30 minutes or €20 (US$22) for the whole day. Coup handles recharging.

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UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures

Green Car Congress

Both options will be associated with high LCFS credit prices. Because firms are able to bank credits over time, anticipated high costs in the future may lead to higher costs in the present before any constraints bind on the industry.

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Volt supporters hit back at criticism

Green Cars News

Around $750million is needed for near-term Volt development according to General Motors with the vehicle expected to hold a price tag of $40,000 when it is launched in 2010. However, advocacy groups have hit back branding the task force’s assessment as short-sighted.

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