If $50,000 EVs still lose $6,000, when will EVs become profitable?
Green Car Reports
APRIL 17, 2024
Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group.
Green Car Reports
APRIL 17, 2024
Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group.
The Truth About Cars
MARCH 21, 2024
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. Automakers differ in their approaches to EVs, but most have felt the punch of slowing sales growth.
Baua Electric
MARCH 22, 2024
Earlier this month, Hyundai introduced its “Getaway Sales Event,” offering savings on popular models, including its all-electric vehicles. 2024 Hyundai IONIQ 6 SE (Source: Hyundai) The IONIQ 6 SE AWD is on sale for $319 per month, with $319 at signing. The pace continued in January, with Hyundai’s EV registrations up 79% YOY.
The Truth About Cars
JULY 6, 2023
Gruner joined Porsche in 1999 from Boston Consulting Group. & “We thank Kjell Gruner for his excellent work at Porsche,” stated Detlev von Platen , Member of the Executive Board for Sales and Marketing at Porsche AG.
Baua Electric
APRIL 5, 2024
Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. Hyundai’s best-selling electric SUV, the IONIQ 5, set a new sales record last month, pushing EV sales up 100% over last year.
Baua Electric
APRIL 17, 2024
Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates.
Baua Electric
MARCH 20, 2024
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. Source: Boston Consulting Group) BCG research found that 70% of US consumers are considering buying an EV.
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