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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Boston Consulting Group Boston F-150 Tax Credit 104

Cars That Think

JANUARY 17, 2023

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. There are also concerns in Japan, or at least by Toyota, over the potential for job losses from the transition to EVs. However, another study by consulting group Arthur D. One million.”.

Market 100

Market Auto Industry Auto Michigan 100

Tony Karrer Delicious EVdriven

APRIL 21, 2009

. “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. “The Toyota Prius took over five years to reach break-even and has gone on to be a wild success.&# and Chrysler.

Volt 42

Volt Green Electric Cars 2009 42