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The proposed JV is one of a number of new market expansions focused on the Russian car market, which the BostonConsultingGroup this week said may become the world’s sixth-largest by 2020, selling 4 million cars a year. Sollers had originally planned a joint venture with Fiat. Ford began producing cars in Russia in 2002.
According to S&P Global registration data, Hyundai was the fourth best-selling EV maker in 2024, with 51,411 electric cars delivered, or 4.5% Source: BostonConsultingGroup) A recent report from BostonConsultingGroup found the Hyundai IONIQ 6 was the only EV that met potential buyers’ median price, range, and charging targets.
The tailwind comes as the South Korean automakers are launching affordable EVs in key global markets, including the US. 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.
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. and Chrysler. Whatever B.C.G.’s Point 2: I disagree with Sean @ 12.
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. 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.
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