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The cars probably lose money by themselves, only being profitable when looking at the big picture. (due to CAFE and similar) They are costly to make and typical
by burfog 8y ago
The cars probably lose money by themselves, only being profitable when looking at the big picture. (due to CAFE and similar) They are costly to make and typical car buyers are uninterested.
The cars exist because various governments have made electric/hybrid/whatever quotas that need to be met. The minimum required number will be sold. In some jurisdictions that number is zero. Each one of these cars is sold at a loss, until you consider that the manufacturer is able to avoid fines or being entirely banned from selling vehicles.
- jandrese 8y agoOr GM just hates electric cars. Look at what they did with the EV-1, a vehicle they were apparently only making under duress. They had an exit plan in place from day 1, and it did not involve people commuting in electric cars.