GM CEO: EV battery costs are still too high to build profitable mass-market vehicles that sell for $30,000 to $40,000; EV and combustion vehicle costs will equalize “sometime in the latter part of this decade … maybe a little longer.”
GM CEO: EV battery costs are still too high to build profitable mass-market vehicles that sell for $30,000 to $40,000; EV and combustion vehicle costs will equalize “sometime in the latter part of this decade … maybe a little longer.”