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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. Thats short-sighted.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

Some of the new and updated models, such as a battery-powered version of Geelys Panda hatchback, may hit the market as early as October, and in some cases they might carry price tags low enough for farmers and other rural residents with limited financial means. Great Wall Motor Co., GM plans to launch the Volt in China in 2011.

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Slow start for charge of the electric cars - Times Online

Tony Karrer Delicious EVdriven

Electric cars remain dependent on the development of better,affordable batteries. The hybrid models available today use lead-acid ornickel-metal hydride batteries that are are proven, reliable, and fairlycheap, but their limited storage capacity means that the cars’ driving rangeusing electricity alone is short.