GM doesn't expect to make money off electric cars until early next decade
https://www.cnbc.com/2019/02/06/gm-doesnt-expect-to-make-money-off-electric-cars-until-next-decade.html
General Motors does not expect its electric vehicles to turn a profit for at least a few more years, CEO Mary Barra told investors on Wednesday.
The largest U.S. automaker repeated its commitment Wednesday to make its entire vehicle lineup "all-electric," but provided investors with few details of those plans on a conference call after GM reported fourth quarter earnings that beat expectations.
GM doesn't expect to make money off electric cars until early next decade
Feb 6, 2019, 6:39pm UTC
https://www.cnbc.com/2019/02/06/gm-doesnt-expect-to-make-money-off-electric-cars-until-next-decade.html
> General Motors does not expect its electric vehicles to turn a profit for at least a few more years, CEO Mary Barra told investors on Wednesday.
> The largest U.S. automaker repeated its commitment Wednesday to make its entire vehicle lineup "all-electric," but provided investors with few details of those plans on a conference call after GM reported fourth quarter earnings that beat expectations.