GM’s Ready to Lose $9,000 a Pop and Chase the Electric Car Boom

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  • California’s clean-air rules spur no-emissions vehicle output
  • So many EVs flooding the state, you can lease one for $69

General Motors Co. stands to lose as much as $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 the U.S.

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