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Are they? I haven't seen any numbers to back up that claim. Do you have any you can share? I know that Kia has been seeing record profits on the back of strong
by bdcravens 3y ago
Are they? I haven't seen any numbers to back up that claim. Do you have any you can share? I know that Kia has been seeing record profits on the back of strong EV sales, but perhaps they're an outlier.
- givemeethekeys 3y agoI watch a fair amount of automotive content on YouTube, and not being able to make a profit (yet) on EV's is a repeating theme for legacy automakers. A quick search found this: https://s201.q4cdn.com/693218008/files/doc_financials/2023/q3/Ford-Again-Attracts-New-Customers-Drives-Growth-in-Q3-Company-Changing-How-it-Works-to-Improve-Quality-Costs.pdf https://s201.q4cdn.com/693218008/files/doc_financials/2023/q... https://www.forbes.com/sites/samabuelsamid/2022/11/17/gm-targets-ev-profitability-by-2025/?sh=1a1a04aa3033 https://www.forbes.com/sites/samabuelsamid/2022/11/17/gm-tar...