By: Mike McDaniel I’ve always maintained electric vehicles were, in large part, a response to Barack Obama. They have been a necessary part of meeting arbitrary, unrealistic and essentially impossible CAFÉ standards set by the Obama Administration, and the EPA’s official estimates of their range/mileage have been massaged accordingly. The Chevy volt, for example, has never made a penny for GM. In fact, GM has lost an enormous amount of money on each and every one. One suspects the loss margin is also substantial for every other manufacturer producing electric vehicles. The SMM electric vehicle archive is available here.
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