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Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

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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WEF launches First Movers Coalition to drive demand for zero carbon tech

Green Car Congress

The First Movers Coalition provides opportunities for a wide range of companies to make commitments, take action and build the clean and profitable supply chains of the future. Trucking: Members commit to purchase or contract zero-emission medium and heavy-duty vehicles by 2030. Phase 1 commitments launched.

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Electric Vehicles Adoption – A Huge Business Opportunity for Utilities

Driivz

Utilities have the greatest opportunity to profit from the increasing adoption of electric vehicles, differentiating themselves and boosting their customer value proposition. According to the Boston Consulting Group, the average utility can gain between US$3-$10 billion in new value. Overcoming the Challenges.

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Hilux, Ranger EV ute conversions by Roev from $47,990 as company confirms 2023 production

EV Central

Australian manufacturer Roev plans to do just that from 2023 by converting Toyota Hiluxes and Ford Rangers to electric, with conversions priced from $47,990. It means fleet buyers can give soon-to-be-retired vehicles a new lease on life with a zero emissions electric drivetrain.

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PRTM: Operational Gains Can Help Drive Li-ion Cost Reduction Exceeding 50% by 2020, with Plug-in Vehicle Adoption of 10%

Green Car Congress

A series of recent reports—one from the National Research Council (NRC) ( earlier post ) and another from the Boston Consulting Group ( earlier post )—concluded that an expected continuing high cost of lithium-ion batteries will dampen mass market adoption of plug-in vehicles. Mike Hanley.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

Stellantis is offering certain higher salaried US employees separation packages to help its “transformation to become a sustainable tech mobility company and the market leader in low-emissions vehicles,” a company spokesperson said. Electric vehicles require new or re-tooled factories , each requiring thousands of employees.

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