This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
BostonConsultingGroup, an American-based global management consulting firm that issued the report, said the figure accounts for customer taxcredits — painting a rather bleak picture for the future of EVs. Nearly 40 percent of 3,000 U.S. But they expressed strict requirements to make the jump.
The research directly contradicts and challenges a statement by Jack Hollis, the executive vice president of sales at Toyota Motor North America. ” Credit: Recurrent Auto. I would say that this is a true reflection of market demand and not any government policy whether it’s a ban or a taxcredit.”
Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the BostonConsultingGroup. Automakers will only be able to close about half of that cost gap with technology choices, BCG estimates. The simple answer may rest on volume.
Hyundai Motor, including Kia, generated a record over $9 billion (KRW 12.27 For now, electric vehicles are the top priority,” Hyundai MotorGroup CEO Chang Jae-hoon said earlier this month. billion Hyundai MotorGroup Metaplant America (HMGMA) in Georgia is expected to be up and running by the end of the year.
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
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content