On 25 Feb 2025 at 20:37, John Lussmyer via EV wrote:

> Tesla and BYD are the only ones actually making a profit on their EV's. 
American automakers don't seem to have a clue how to make profitable EVs.

However, Carlos Ghosn, former Renault/Nissan head, said in 2014 that the 
Nissan Leaf was already profitable.  I don't know whether it still is.  
Nissan really hit the skids after they pushed Ghosn out.  

The Renault Zoe, introduced in 2012, first turned a profit at about the same 
time as the Leaf.  From 2018 to 2023, Renault's EVs were just as profitable 
as their equivalent ICEV cousins. They made as much on Zoes as on Clios, for 
example. So a smart mainstream automaker can make a decent profit on EVs.

Unfortunately Renault is now a playground for Luca de Meo, formerly of Fiat. 
Surprise surprise, they're losing money on de Meo's nostalgia EVs (R4, R5).

David Roden, EVDL moderator & general lackey

To reach me, don't reply to this message; I won't get it.  Use my 
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     The reason that the rich were so rich, Vimes reasoned, was 
     because they managed to spend less money. A man who could afford 
     fifty dollar boots had a pair that'd still be keeping his feet 
     dry in ten years' time, while the poor man who could only afford 
     cheap [ten dollar] boots would have spent a hundred dollars on 
     boots in the same time and would still have wet feet.

                          -- Terry Pratchett, "Men at Arms: The Play"
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