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Friday, December 31, 2010

Did GM make the Chevrolet Volt too different from the Prius? - Dec. 9, 2010

Did GM make the Chevrolet Volt too different from the Prius? - Dec. 9, 2010: "That's a steep price. In effect, Volt drivers are paying more than $10,000 for an extra 30 miles of EV range.

While some GM'ers are predicting a substantial price reduction for the Volt in future years as volumes increase, the Council is not optimistic.

'Battery technology has been developing rapidly, but steep declines in cost do not appear likely over the next couple of decades because lithium-ion batteries are already produced in large quantities for cell phones and laptop computers,' the Council says."
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