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Presidential Auto Task Force Concluded Plug-In GM Volt Likely Too Expensive To Be Commercially Successful in the Short-Term

Green Car Congress

Following the short address on Monday during which President Barack Obama outlined the next steps for GM and Chrysler ( earlier post ), the White House posted summaries of the Presidential Auto Task Force’s assessment of the business plans provided by the two struggling automakers, which led to the terms that are currently unfolding.

Volt 170
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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4 General Motors Corporation. General Motors Corporation. Construction of US manufacturing capabilities to produce the second-generation GM global rear-wheel electric drive system. General Motors.

Grant 317
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GM's New Plan: Fewer Jobs, More Chevy Volt - Environmental Capital - WSJ

Tony Karrer Delicious EVdriven

News Heard on the Street Obamas First 100 Days Weekend Europe WSJ. NewsVine StumbleUpon Mixx Text Size By Keith Johnson General Motors wont just keep pouring money into the Chevy Volt, its all-electric carthe Volt is shaping up as a key part of the U.S. Buzz facebook MySpace LinkedIn Digg del.icio.us

Volt 30
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Chrysler's first electric car to be two-seat sports car - Apr. 15, 2009

Tony Karrer Delicious EVdriven

Chryslers first electric car, set to be introduced late next year around the same time as General Motors Chevrolet Volt, will be a sports car with a zero-to-60 time of under five seconds and a top speed of 120 miles per hour. Will Congress finally approve consumer-oriented legislation that has stalled for years?