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08-01-2010, 12:10 PM #1
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Chevy Volt: $41, 000 Electric Lemon - DBKP - Death By 1000 Papercuts
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Chevy Volt: $41, 000 Electric Lemon
DBKP - Death By 1000 Papercuts
By Mondoreb The $41000 Chevy Volt has automotive people–the ones not on the government payroll–shaking their heads. One reviewer called it “GM's Electric ...
Electric cars: Considering a Volt or Leaf? Lease it.Christian Science Monitor
President Obama introduces the Chevy Volt: Announces pricing, tax incentivesExaminer.com
Chevy Volt to increase production 50%; Nissan Leaf rollout dates announcedLos Angeles Times
Only Kent (blog) -Wall Street Journal (blog) -USA Today
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08-01-2010, 12:54 PM #2
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- Jun 2006
- River Ridge Louisiana-4 miles W of New Orleans-didn't flood-water stopped 800 yards away.
The Volt probably isn't supposed to make money-not initially.
The problem is the $10,000 or so the battery packs cost.
Of course in the not too distant future those battery pack will drop in cost-just like all electronic products have dropped in cost.
The vehicle itself-ignoring R&D which was expensive- won't be really expensive to produce-other than the battery pack.
It is just the first (actually GM produced a pretty decent, but too expensive all electric vehicle in the 1990's) in this particular product line.
It is being marketed to affluent urban/suburban eco green folks who have plenty of $$.
The whole point of these electric vehicles is to get us off foreign energy(middle east and south american) and to produce less pollution in cities, and to eventually produce less CO2.
1)Now since most power plants run on coal, or nukes, or natural gas it does get us off foreign energy when run on electricity.
2)It does produce less pollution in cities-but transfers it to the stacks of power plants(which are easier to clean up)
3) It doesn't decrease CO2 production since most electricity is from coal/natural gas. But in the future more electricity could be from NUKES, and wind(and maybe tidal, solar, but that is waaaay off probably-wind and NUKES are mature technologies in use today).
The Volt is a kinda high end niche car for Lexus type green folks.It might sell ok.It will give rise to a family of cars in the future once battery packs are cheaper.
The Cruze is GMs REAL answer for economical but good quality Fuel economy. It will get an honest 40+ mpg hy and probably high 20's city.The EPA numbers will be something like 26/40, but usually cars get about 10% better than EPA if you set the CC to 65 mph.
Once the economy improves gasoline will spike to $4+ and the Cruz and the Volt will look better.
The naysayers are ignoring the fact that folks regularly pay more than a car is "worth" to get the cache of the vehicle. Is any BMW,MB,Porche, lexus actually worth 3x what a Malibu or CAMRY would cost just to drive 10 miles to work?? Of course not-they are paying for something other than comfortable transportation.Same with the Volt- GM should probably have Cadillac sell it, but...
08-01-2010, 03:43 PM #3
The Volt will certainly capture the attention of early adopters and eco friendly consumers. Rental car companies will certainly add them to their fleets, and the Obama administration will be encouraging government agencies to buy them too. Will the technology catch on or will the Volt suffer poor sales with because of poor build quality or heaven forbid continued low gas prices? (Remember the EV1?) GM has bet the farm on the Volt. Time will tell if they have the right product at the right time. Since taxpayers have an ownership stake, let's hope GM is on the money.
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