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Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the BostonConsultingGroup. market if heavily-subsidized Chinese EVs ever break through here. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates.
With new tariffs on Chinese EVs, Hyundai and Kia look to gain an edge over their overseas rivals. 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. trillion) in profits last year.
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. in chinese ?, and Chrysler. Whatever B.C.G.’s
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