Cadillac XT5 (1)

As the automakers tell us each week, they are quickly on the march to building battery electric vehicles even as big potholes loom on the horizon. During this race to catch Tesla, the traditional auto brands must still realize real-world profits selling conventional internal-combustion-powered vehicles before they can feed at the government subsidy trough for BEVs.

This conundrum will still result in continued expansion of, and development monies devoted to, ICE products. After all, more than 95 percent of all new vehicle sales remain conventionally powered.

Cadillac XT5 (3)

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