GM doesn't expect to make money off electric cars until early next decade

GM doesn't expect to make money off electric cars until early next decade

5 years ago
Anonymous $Dftgs0JzgE

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.

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