GM promises it can make money on all-electric cars by 2021

By feedback@highgearmedia.com (John Voelcker) Radically new powertrains are widely assumed to lose money for the companies that launch them. Toyota’s hybrid-electric system, launched in Japan in 1997, likely didn’t break even until sometime after the 2004 launch of the second-generation Prius. Long-range battery-electric vehicles are the same, according to analysts and insiders: the question… …read more

Source:: https://www.greencarreports.com/news/1114793_gm-promises-it-can-make-money-on-all-electric-cars-by-2021