Automotive News GM says EVs won't be losing money for long - Printable Version

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GM says EVs won't be losing money for long - Automotive News - 12-01-2023

GM says EVs won't be losing money for long

<p>General Motors expects its EVs to bring in more money than they cost to build by late 2024 and have mid-single-digit EV margins in 2025, including the benefit of federal tax credits, CFO Paul Jacobson said.</p>

https://www.autonews.com/automakers-suppliers/gm-eyes-ev-profitability-through-scale-lower-battery-costs