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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Now Lutz envisions selling hundreds of thousands of Volts a year, probably priced below $30,000. 9/4/07 Nick Reilly, the President of General Motors Asia Pacific, said that GM is looking at leasing batteries for the Volt to customers, rather than asking them to pay a prohibitive price for the new technology. People wont buy a full car.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

But it is a price that must be paid, and GM should be commended for remaining committed to the Volt. One wonders if the recent headway at MIT in building lithium ion cells using ?virus? If you build a car as a "kit car" with no real factory, then yes, it will never be an economic success. GM says it will cost around 40,000.

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