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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

Newly installed CEO Fritz Henderson argues that pioneering projects like the Volt typically lose money until the technology catches on. "The Volt is a case study. " In other words, General Motors is going to lose its shirt until the Volt establishes itself in the marketplace. Wired Home Subscribe Sections Cars 2.0

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. Shifted earlier focus to all-electric Focus in 2011 with Magna. See Chevy Volt for latest. Company says its focusing on gasoline and hydrogen.

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