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GM to chase electric car boom despite red ink trail

The Chevrolet Bolt. While the Trump administration may dilute federal programmes that take aim at carbon-dioxide spewing cars, California won't be backing down.


GENERAL Motors Co stands to lose as much as US$9,000 on every Chevrolet Bolt that leaves a showroom once the all-electric subcompact starts rolling out. Sounds crazy, but the damage makes perfect business sense under the no pain, no gain policy driving the electric-vehicle boom in...

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