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Curious EV economics
Source: UBS: Chevy Bolt Powertrain $4,600 Cheaper Than Thought, Tesla Model 3 Likely To Be Profitable | CleanTechnica
The UBS team found that the powertrain for the Bolt was $4,600 cheaper to produce than originally thought, “with much cost reduction potential left.” It also found that the electronics built into the car cost about $4,000 more than those in a conventional car, not including the cost of the battery. But they say GM is losing money on every Bolt they sell. “We estimate that GM loses $7,400 in earnings before interest and tax on every Bolt sold today, mainly due to a lack of scale.”
The same analysts say they expect Tesla to lose $2,800 on entry-level versions of its soon to be introduced Model 3 but think customers will opt for extra cost options that will raise the average selling price to $41,000 — $6,000 more than the base... -
1st ¼Year's EV Sales at 2.7% in CA
With low gas prices & mediocre economy - not too shabby, as Cali is the largest plugin market in the U.S.
Bolt EV helps boost electric car sales by 91% in California - LA Times
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Motortrend: Prime vs Volt (and other alt. vehicle comparisons)
Finally saw an article that seems fair in it's evaluation of the Prius Prime! This writer not only covers the theoretical aspects of each car, but then goes into SOME of the real-life advantages of Prime over Volt.
Future Car Special: Comparing Hybrids, Plug-Ins, EVs, and Hydrogen Fuel Cell Cars - Motor Trend
Yeah! One for our team[emoji16][emoji16][emoji23][emoji41]
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