Auto Boston Consulting Group Cost Ford 
Baua Electric
APRIL 5, 2024
Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. FTC: We use income earning auto affiliate links. 361 $43,656 SEL RWD 77.4
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. appeared first on Bauaelectric Auto News. automakers.
Baua Electric
MARCH 20, 2024
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.
Baua Electric
JUNE 24, 2024
The IONIQ 5 was the sixth best-selling EV in the US last year, topping the Rivian R1S and Ford F-150 Lightning. 2024 Hyundai IONIQ 5 (Source: Hyundai) Despite rivals like Ford and GM pulling back on EV plans, Hyundai and Kia remain focused on closing the gap with Tesla. FTC: We use income earning auto affiliate links.
Cars That Think
JANUARY 17, 2023
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. Ford, for example, recently cut 3,000 highly-paid salaried and contract workers as a down payment to help fund the transition to EVs. Ford is not alone.
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