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GM States Desire to be First to Profit from Mass Selling EVs.

G. David Felt
in Electric Vehicles and Alternative Fuels

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GM States Desire to be First to Profit from Mass Selling EVs.

http://www.greencarreports.com/news/1110469_gm-goal-profitable-affordable-electric-cars-built-in-big-numbers

Seems GM is focusing on lower the cost of the batteries sooner rather than later and to turn a profit from EVs. This brings up the question: With China pushing for such high numbers of EV to be sold in that country, could we see a faster decline of ICE auto's and a rapid rise of EVs?

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