article thumbnail

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. GM will leapfrog Toyota and Honda by providing an electric car to the masses by the end of next year. Honda has probably sold more Civics in a year than the combined total of all 18 of those GM models.

Volt 41