Car makers losing $6000 on every electric car they sell – report
Drive.com
MARCH 27, 2024
On that basis, the Group estimates most automakers lose around $US6000 ($AU9000) on each electric vehicle they sell for $US50,000, after accounting for customer tax credits. There are, of course, some exceptions to this rule. Tesla has been profitable for many years, and even Chinese newcomer BYD is making money now.
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