I guess that's a good development. Makes one go hmmm when you think about past 
claims about the GM EV1 (and also EVs in general) being impossible to make 
profitably. Sunk costs and ongoing R&D costs can be manageable when you look at 
them with the right scale. 


On February 4, 2018 9:19:19 PM CST, brucedp5 via EV <ev@lists.evdl.org> wrote:
>
>
>http://www.autocar.co.nz/autocar-news-app/gm-reckons-it-will-make-profits-on-electric-vehicles-by-2021
>GM reckons it will make profits on electric vehicles by 2021
>10 Jan 2018  Robert Barry
>
>[image  / GM 
>http://www.autocar.co.nz/_Commercial/_News/2018-Dump-January/2017-MAVEN-LA-018.jpg
>]
>
>General Motors (GM) has announced it will be launching at least 20
>all-new
>electric vehicles (EV) by 2023 and it is working with Chinese partner
>SAIC
>to develop new and more cost efficient EV production facilities in
>China to
>produce them.
>
>According to Reuters, GM chief executive officer Mary Barra has made a
>promise to investors that the company will make a profit on selling EV
>by
>2021.
>
>In November 2017 at a Wall Street function hosted by Barclays, Barra
>told
>analysts that GM is developing an all-new platform for battery electric
>vehicles that is different to the one currently used in the Bolt EV
>which
>will lower production costs and make the vehicles more profitable.
>
>“One of the things we'll be doing is structurally integrating the
>batteries
>into the architecture. This will allow us to take out cost and gives us
>better flexibility from a design perspective,” says Barra.
>
>“We will have modular [battery] cell chemistry solutions that will
>allow us
>to enter multiple segments off of this platform and really support all
>of
>the customer demands,” she says.
>
>“We'll also have the ability, which we have today, to manufacture
>battery
>packs at scale, both in China and the United States. So the result is a
>very
>modular battery platform that's going to give us tremendous flexibility
>to
>meet customer demands and to lower cost,” says Barra.
>
>According to Reuters, Barra also says that GM expects its battery cell
>cost
>to fall from U.S $145 per kilowatt-hour (kWh) in the Chevy Bolt, to
>less
>than U.S $100 per kWh with the new platform.
>
>While Barra didn't give specifics at the Barclays function, she also
>told
>the assembled analysts that GM is improving the design of its battery
>packs,
>making them lower in height which makes them easier to mount into the
>floor
>of a vehicle and also modular, so that small and large battery packs
>can be
>assembled from common components.
>
>According to Reuters, the Chevrolet Bolt was the first mass-produced
>electric vehicle to go more than 200 miles (320km) between charges, and
>sell
>under U.S $40,000.
>
>GM sold 23,297 Bolts in 2017 while Tesla produced 1,770 of its U.S
>$35,000
>Model 3, well short of the company’s original targets.
>[© autocar.co.nz]
>
>
>+
>http://thenewswheel.com/cadillac-set-to-receive-a-disproportionate-share-of-gms-upcoming-electric-vehicles/
>Cadillac Set to Receive a “Disproportionate” Share of GM’s Upcoming
>Electric
>Vehicles
>January 31, 2018  Cadillac could soon be returning to its roots as the
>GM
>brand where new technology is introduced to the masses. A few months
>ago,
>The News Wheel reported that Buick would likely lead the …
>http://thenewswheel.com/wp-content/uploads/2016/12/Cadillac-CT6-Plug-In-for-China-760x605.jpeg
>
>
>http://www.livemint.com/Leisure/tYA6haBUYX2exvtUJxq2eI/Nissan-braintovehicle-technology-What-if-cars-could-read.html
>Nissan brain-to-vehicle technology: What if cars could read your mind?
>Jan 27 2018  Now, Japanese car-maker Nissan has unveiled a new
>brain-to-vehicle (B2V) technology that will enable autonomous cars to
>learn
>from the human brain and ... which is still in the concept stage, will
>be a
>part of autonomous vehicles ... the autonomous system in the vehicle
>will
>able to take actions—such as turning the steering wheel or slowing the
>car
>...
>http://www.livemint.com/rf/Image-621x414/LiveMint/Period2/2018/01/27/Photos/Processed/nissan2-ksif--621x...@livemint.jpg
>
>
>
>
>
>For EVLN EV-newswire posts use:
> http://evdl.org/archive/
>
>
>{brucedp.neocities.org}
>
>--
>Sent from:
>http://electric-vehicle-discussion-list.413529.n4.nabble.com/
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