The Truth About Cars

MARCH 21, 2024

A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. 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.

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Cars That Think

JANUARY 17, 2023

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. employees engaged in motor vehicle parts manufacturing, about one-quarter—nearly 150,000—make components for internal combustion powertrains.”. However, another study by consulting group Arthur D.

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Market Auto Industry Auto Michigan 103

Tony Karrer Delicious EVdriven

APRIL 21, 2009

Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. . Supporters of the car say that’s shortsighted. and Chrysler. Whatever B.C.G.’s

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Volt Green Electric Cars 2009 42