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From Electrek: GM is focused on making its next electric vehicle profitable, says executive

Discussion in 'News from Electrek.co' started by RSSFeed, May 3, 2017.

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    GM is focused on making its next electric vehicle profitable, says executive

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    Automakers have been using the fact that they have been having difficulties making money off of electric vehicles as an excuse not to make them. GM has been a good example of that. First with the EV1, then with the Chevy Spark EV, and now with the Chevy Bolt EV.

    We have reported that insiders said that GM was anticipating losing up to $9,000 per Bolt EV before incentive programs, like CARB’s ZEV mandate.

    Now a GM executive admitted that they are not making money on the vehicle, but they say that they are making it a priority for the next generation of electric vehicles. more…

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