Source: UBS: Chevy Bolt Powertrain $4,600 Cheaper Than Thought, Tesla Model 3 Likely To Be Profitable | CleanTechnica The UBS team found that the powertrain for the Bolt was $4,600 cheaper to produce than originally thought, “with much cost reduction potential left.” It also found that the electronics built into the car cost about $4,000 more than those in a conventional car, not including the cost of the battery. But they say GM is losing money on every Bolt they sell. “We estimate that GM loses $7,400 in earnings before interest and tax on every Bolt sold today, mainly due to a lack of scale.” The same analysts say they expect Tesla to lose $2,800 on entry-level versions of its soon to be introduced Model 3 but think customers will opt for extra cost options that will raise the average selling price to $41,000 — $6,000 more than the base price. Tesla will be able to break even at that price, they believe. Well our Prius Prime and BMW i3-REx remain safe. Bob Wilson
Posted a different article on the same report here; Chevy Bolt EV costs $28,700 to build, Tesla Model 3 a bit higher | PriusChat Their numbers on the Model 3 are less sure because the car is farther out from production. Aside from the "Bolt/Model 3 will lose $x for each sold" that some will grab onto, it is a generally positive report on the future of BEVs.
