FCA loses a staggering $20,000 on every one of its all-electric cars

At the moment, the industry is unclear on when those profits will arrive. And some automakers are losing money hand over fist as they struggle to read the crystal ball.

Reporting for Bloomberg, Tommaso Ebhardt pointed out that “[B]attery-powered autos have yet to become profitable” and noted that Fiat Chrysler Automobiles CEO Sergio Marchionne said in a recent speech that FCA is losing up to $20,000 a car on the electrified Fiat 500.

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