General Motors To Start Making Profit From Their Electric Vehicles

General Motors To Start Making Profit From Their Electric Vehicles

General Motors (GM) CEO Mary Barra confirmed in an interview with The New York Times that the company will start making a profit on its electric vehicles by the end of this year. Namely, Tesla is currently leading the electric vehicle market in the US, making a profit as early as 2021. Ford, otherwise the second-largest EV maker in the US, posted losses of more than $1 billion in the first two quarters of this year on its Model e line of EVs. Other manufacturers that exclusively deal with EVs,...
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