Radically 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... GM promises it can make money on all-electric cars by 2021
Radically 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... 
Luxury and sports car maker Porsche isn't concerned with the sweeping changes vehicle electrification will bring. In fact, the brand believes it will maintain its steady profit and 15-percent operating margin into the future, despite the major investments in electric and plug-in cars it plans to make. While Porsche can't pass through some of those... 
Automotive innovation rolls out over many years, usually decades, and usually only a few companies lead. Others hang back, waiting to see if buyers will accept new features, new powertrains, and new types of vehicles. More than six years after modern electric cars hit the market in volume, many automakers are only now deciding on their strategies... 
Debate over the profitability of Tesla electric cars has raged for years among its fans and detractors. Tesla supporters point to financial data from the Silicon Valley automaker to support the idea that it makes money on each car it sells. Skeptics point out that save for two marginally profitable quarters, one in 2009 and another this year... 
Stricter global emissions standards may finally force the majority of established automakers to get serious about electric cars. But while automakers build more electric cars to meet emissions standards, the extra cost of developing these new models may eat into profits. That's the conclusion of a new report from global investment bank Morgan...