GM’s new electric/gasoline hybrid, the Volt, has been formally revealed after spy shots started hitting the internet a few weeks back. And while it may save you money on gas, don’t expect it to be affordable; some estimates have it priced in the $40K-$50K range.
While I think it is a move in the right direction, I don’t think it is enough and I imagine manufacturers could do better if they were forced to. This car can go a maximum of 40 miles on electric power before needing to switch to it’s regular old electric motor – but remember, GM had an all-electric car 12 years ago that worked just fine. They don’t expect to make any profit on this car (“For most of our (Generation) 1 technologies, I don’t know that I have ever seen a situation where we make money,” ), but I hope it helps speed development of new technology. Since this car is not due to hit showrooms until 2010, I am afraid other companies will already be ahead of the curve come 2 years from now. What do you guys think?
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