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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

Among the highlights of the brief summaries was the conclusion that while the Chevy Volt extended range electric vehicle holds promise, “ it will likely be too expensive to be commercially successful in the short-term. ”. GM is at least one generation behind Toyota on advanced, “green” powertrain development.

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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

billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. General Motors Corporation. General Motors Corporation. Develop, validate, and deploy 220 advanced plug-in hybrid electric pickups and minivans.

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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. Carmakers response to real and specific concerns about battery lifetime, up-front costs, and safety issues is to focus on engineering and testing for an unspecified number of years.

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