"When you are looking at purely dollars and cents, it doesn't really make a lot of sense. The Volt isn't particularly efficient as an electric vehicle and it's not particularly good as a gas vehicle either in terms of fuel economy," said David Champion, the senior director of Consumer Reports auto testing center at a meeting with reporters here. "This is going to be a tough sell to the average consumer."
"So the future of General Motors (and the $50 billion taxpayer investment in it) now depends on a vehicle that costs $41,000 but offers the performance and interior space of a $15,000 economy car."
"Quantifying just how much taxpayer money will have been wasted on the hastily developed Volt is no easy feat. Start with the $50 billion bailout (without which none of this would have been necessary), add $240 million in Energy Department grants doled out to G.M. last summer, $150 million in federal money to the Volt’s Korean battery supplier, up to $1.5 billion in tax breaks for purchasers and other consumer incentives, and some significant portion of the $14 billion loan G.M. got in 2008 for “retooling” its plants, and you’ve got some idea of how much taxpayer cash is built into every Volt."
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Good question - what is the projected lifetime for the Li-ion batteries?
Same question loomed large about the Prius batteries early on, but turned out to be no issue at all. Although the price for their Ni-MH batteries has gone from $8000 or more down to $2500 there have been virtually no replacements necessary for ones that have been driven 200K miles other than ones damaged in wrecks. I have heard that there are Prius cabs with many more miles than that on the original batteries. Consumer Reports recently reported on early Prius with 200K miles that they tested - performance/gas mileage was very close to the original stats of the car when new.
They will have good sales at first. They could be very good for commuting in a city. If your work was 25 miles away it would be a good deal - but how comfortable is it?
Most early buyers of the volt will be people who like to show off - sorry, that's true. It will be a status car for awhile. I think its' real world limitations will kick in within a couple of years.
HAHAHAHAHAHA!
we'd need some govt subsidies!
There's a lot of metal in the batteries for a single car. The metal is relatively expensive. I suspect that there will be a brisk recycling business, even without government incentives. Heck, people might even start stealing the batteries to sell them for scrap.
Recharging cost estimate @ .85 cents.
Charger cost: $2500.....(furnished by the DOE)
http://www.brighterenergy.org/17690/news/transport/michigan-takes-c...
Huh, wonder how many Federal workers will have to be fired to keep shoveling money to these and other corporations?
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Posted by don burkett on September 17, 2026 at 10:08
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