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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

General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. See Chevy Volt for latest. Now Lutz envisions selling hundreds of thousands of Volts a year, probably priced below $30,000. I want to stick around to see the Volt come to market.

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