Billion-dollar bets on electric vehicles await payoff; regulators should not hamper growth of electric vehicles, says Court Rich, Rose Law Group Senior Partner

By Joann Muller | Axios If carmakers have any hope of making money on electric vehicles, they’ll need to re-think how they design and sell them, a new McKinsey study suggests. Why it matters: Automakers will pour $255 billion into EVs by 2023 but are resigned to losing money on them for the foreseeable future — an expected outcome of …