Most EV divisions are losing money. EV is hyped, but it still represents less than 2% of new vehicle sales in the whole world. This includes places like Norway where half of the EV is financed by the gov, and in China, where they have their own EV manufacturer.
The only EV division that ever made money did it for one year, and it was Tesla in 2021 with the release of the Model 3.
Fact of the matter - the market has rejected EV, soundly and for the last 50 years since they first existed. Anyone telling you otherwise is trying to sell you something.
Most EV divisions are losing money. EV is hyped, but it still represents less than 2% of new vehicle sales in the whole world. This includes places like Norway where half of the EV is financed by the gov, and in China, where they have their own EV manufacturer.
The only EV division that ever made money did it for one year, and it was Tesla in 2021 with the release of the Model 3.
Fact of the matter - the market has rejected EV, soundly and for the last 50 years since they first existed. Anyone telling you otherwise is trying to sell you something.