Remove America Remove Boston Consulting Group Remove Dealers Remove Vehicles
article thumbnail

Hyundai and Kia are gaining a competitive edge ahead of the affordable EV offensive

Baua Electric

According to Goldman Sachs (via Wall Street Journal ), Hyundai sold over 800,000 vehicles, accounting for over 10% of the US market. For now, electric vehicles are the top priority,” Hyundai Motor Group CEO Chang Jae-hoon said earlier this month. Strong demand in the US, Europe, and India fueled the growth.

Kia 52
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

2050 net-zero strategy document , which explains how America will get to net-zero greenhouse gas emissions by 2050. For example, Daimler AG and Audi reportedly have eliminated 20,000 jobs, while auto supplier Bosch will be laying off 1,000 workers in a move to support vehicle electrification. Neither does the U.S.

Market 91
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

. “Any new technology like the Chevy Volt takes time to become profitable,&# said Jay Friedland, the legislative director for Plug-In America , an electric-car advocacy group. Currently there are only about 1,500 500 plug-in hybrids and 500 1,500 pure electric cars, according to Plug-In America. and Chrysler.

Volt 42