UBS: Chevy Bolt Powertrain $4,600 Cheaper Than Thought, Tesla Model 3 Likely To Be Profitable

By Steve Hanley Analysts for UBS have torn apart a perfectly good Chevy Bolt to see how it is put together. What they found led them to make this rather startling announcement: the “total cost of consumer ownership [of electric cars] can reach parity with combustion engines from 2018.” Notice that doesn’t mean an electric car and a conventional car will cost the same to buy new. It means they will cost the same to own, figuring in maintenance, cost of fuel, insurance, and all the other factors that are part of the total cost of ownership
UBS: Chevy Bolt Powertrain $4,600 Cheaper

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