I'm amazed they put this in. Completely new model lines for ICE cars also lose money for a while for this very same reason. This article sounds more like clickbait to me given the headline vs. the reality.
Bolt teardown and cost analysis: GM losing $7400 per vehicle for now
UBS did a complete teardown and cost analysis on the Chevrolet Bolt. The findings include that the Bolt’s electric powertrain is $4,600 cheaper to produce than it was previously estimated. UBS says that there’s “much cost reduction potential left.”
“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.”
http://insideevs.com/chevrolet-bolt-teardown-analysis-explained-video/
“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.”
http://insideevs.com/chevrolet-bolt-teardown-analysis-explained-video/
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