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In a new report (its fourth on electric car adoption) the BostonConsultingGroup forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030.
Conventional automotive technologies have significant emission-reduction potential, according to a draft of the BostonConsultingGroup’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Click to enlarge.
According to The BostonConsultingGroup , traffic congestion in India’s largest cities incurs costs amounting to billions of rupees annually. This initiative aims to enhance carpooling for employees, reduce traffic congestion, and contribute to a cleaner environment, while also offering significant economic benefits.
happening much faster than anticipated, according to an observation of research by Recurrent Auto which is focused on providing transparency and confidence in pre-owned EV transactions. Recurrent Auto: EV adoption is happening faster than expected. ” Credit: Recurrent Auto. .” ” Credit: Recurrent Auto.
By Charles Morris In this day and age, just about everyone who’s paying attention — even stalwarts of the auto and oil industries — acknowledges that vehicle electrification is the future. Originally posted on EVANNEX. But how far in the future are we talking about? Forecasts are all over the map.
Hyundai’s IONIQ 6 was found to be the only EV that met potential buyers’ median price, range, and charging targets, according to a recent report from BostonConsultingGroup. Source: BostonConsultingGroup) At just $243 per month, the IONIQ 6 is significantly cheaper to lease than the Toyota Camry, which costs $346 per month.
According to online auto research firm CarsDirect , Hyundai’s IONIQ 6 is the cheapest car to lease in the US, gas or electric, at an effective cost of just $249 per month. FTC: We use income earning auto affiliate links. That’s with only $239 due at signing (including a $7,500 EV lease bonus). 361 $43,656 SEL RWD 77.4
Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the BostonConsultingGroup. appeared first on Bauaelectric Auto News. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. automakers.
Hyundai Kona Electric N Line (Source: Hyundai) In fact, new research from auto research firm CarsDirect shows the Kona EV is one of the cheapest cars to lease in the US at just $169 per month. FTC: We use income earning auto affiliate links. And that’s including gas-powered cars. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4
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 BostonConsultingGroup (BCG).
According to a new report from BostonConsultingGroup , the Hyundai IONIQ 6 is the only EV on the market that meets potential buyers’ median price, range, and charging targets. Source: BostonConsultingGroup) BCG research found that 70% of US consumers are considering buying an EV.
Companies are getting on board, with 81% of businesses surveyed by the BostonConsultingGroup (BCG) measuring their direct emissions “to some extent” in 2021. appeared first on Bauaelectric Auto News. To find out more and get involved head to [link] or write to zoe.wadsworth@thomsonreuters.com.
Source: BostonConsultingGroup) Hyundai and Kia already have some of the most affordable and fuel-efficient EVs on the market, including the IONIQ 5, IONIQ 6, and Kia EV6. FTC: We use income earning auto affiliate links. You can use our links below to view deals on Hyundai and Kia EV models at a dealer near you.
– Charged EVs appeared first on Bauaelectric Auto News. Sources: Shell , Bloomberg via Yahoo Finance The post Shell to divest 1,000 retail locations, and also expand EV charging. Coincidence?
Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the BostonConsultingGroup , which is under government contract to provide input on the prospects for G.M. and Chrysler. Whatever B.C.G.’s Give them the choice, and they’ll shift.
By some estimates, upwards to 80,000 auto workers and a similar number in the auto supply chain have already been laid off globally to support the EV transition. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable.
Recent research from BostonConsultingGroup also suggests that the next wave of EV adopters are much like EV early adopters, but with tighter price expectations. The post Fewer Americans aspire to EV ownership, Gallup poll suggests appeared first on Bauaelectric Auto News.
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