Sources: GM manufacturing revamp could signal faster lane-change to EVs

2017 Chevrolet Bolt EV pre-productionLess than a week after speaking out in favor of a national electric vehicle mandate, and in the shadow of Tesla reporting a profitable quarter, General Motors might be on the verge of announcing a radical change to its plans for future electric vehicles and plug-in hybrids in the U.S. The automaker is anticipated to make a major business...

GM promises it can make money on all-electric cars by 2021

2017 Chevrolet Bolt EV pre-production vehicles at Orion Township Assembly Plant, March 2016Radically new powertrains are widely assumed to lose money for the companies that launch them. Toyota's hybrid-electric system, launched in Japan in 1997, likely didn't break even until sometime after the 2004 launch of the second-generation Prius. Long-range battery-electric vehicles are the same, according to analysts and insiders: the question...