May 22

GM CEO: Chevy Volt Out Earlier by 2010 and for Less Than $30,000?

 

We have a teaser of an interview that GM CEO Rick Wagoner gave to the German Publication Frankfurter Allgemeine Zeitung which will be published tomorrow.

He is reportedly quoted as saying two very big things.

1. GM wants to put the Volt out by 2010 as opposed to the end of 2010.
2. They want to sell them for less than $30,000.

Wagoner is quoted as saying, “Our two challenges are lowering the cost of batteries and convincing consumers of the advantages of the Volt.”

I haven’t gotten access to the full interview yet, but I confirmed these statements directly with the author of the referenced press release. She told me the interview publisher’s quote is “GM has a clear goal: We want to put the Volt on the market in 2010, at a price of less than $30,000.”

[UPDATE: The full interview is out and doesnt really say any more than what we have above. It seems translation is still a factor here. Im looking for verification from inside GM. Translation by Google]

Source (Interactive Investor)

This entry was posted on Thursday, May 22nd, 2008 at 9:29 am and is filed under Financial, Release Date. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

COMMENTS: 147


  1. 1
    FLMan

     

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    May 22nd, 2008 (9:37 am)

    OMG… I’m there, check in hand!

    OMG… I’m the first to comment! BONUS!


  2. 2
    Cantjam

     

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    May 22nd, 2008 (9:37 am)

    GM needs to “grab the bull by the horns” with this car’s release. Sooner than expected and cheaper than thought could set this thing on fire!

    Here’s hoping!


  3. 3
    BillR

     

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    May 22nd, 2008 (9:38 am)

    Great job, Lyle!

    Now the plot begins to thicken.

    Is nasaman correct in that the Volt will have a 65 mile AER at the beginning of battery life?

    Will it cost near $30,000?

    Can it actually do 0-60 in 7 seconds as Bob Lutz indicated at Volt Nation?

    If so, they do need to get this to market ASAP, because they do have a true winner on their hands. 2010 can’t come soon enough!


  4. 4
    OptimisticMF

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    May 22nd, 2008 (9:38 am)

    Sign me up!


  5. 5
    wirenutjd

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    May 22nd, 2008 (9:39 am)

    now were talking! sign me up.


  6. 6
    Kevin R

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    May 22nd, 2008 (9:44 am)

    Holy cow…..the excitement is building and people are talking….My check is ready for a blue-black one!


  7. 7
    Tim

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    May 22nd, 2008 (9:45 am)

    At $30K/copy, what idot would NOT want one?

    My family will take 3 please, one red, one white and one blue.

    I’m not kidding!


  8. 8
    Arch

     

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    May 22nd, 2008 (9:53 am)

    Lyle

    Great work! Sounds like they may be learning what a GREAT car they have on their hands.

    Take Care
    Arch


  9. 9
    calgaryvolt

     

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    May 22nd, 2008 (10:00 am)

    That’s good news for now! I can’t wait to hear the official interview. Hopefully the 30,000 price comment was referring to USA dollars and not Euro’s. 30,000 Euro’s converts to rough $48,000 USD. Hopefully they can keep the cost down and make this vehicle have more mass appeal with respect to price.


  10. 10
    Jeff M

     

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    May 22nd, 2008 (10:06 am)

    I was wondering myself from your other thread/post that GM planned to have “final integration” vehicles in 2009… and from your post “and will be built in some significant quantity. These cars are street legal and may be used in a captured test fleet for selected GM employees”.

    As for the $30k number popping up again… we’ve seen conflicting reports on this and only time will tell, I don’t think GM is ready to commit to any price yet.

    If they are able to start rolling them out by early 2010 or even late 2009, and price it at or under $30k (batteries included not leased), they will definitely have a leg up on the competition!

    However there is a lot of conflicting (and hence some of it must be incorrect) information out there… I was surprised that in a small blurb about EV’s in the most recent issue of Time magazine they mention the Chevy Volt as coming out in 2012!!!!

    In any case, like from the start, it all comes down to the batteries being the gating factor. EV technology is over 100 years old, even the control systems are old hat now… even Li-Ion is, but large format Li-Ion, and designed to last 10+ years, and produced in large production numbers, is as far as I know all new.

    To continue from another thread regarding super/ultra capactitors… see http://www.evworld.com/news.cfm?newsid=18280 …. “AFS Trinity Demonstrates XH-150 Plug-in Hybrid to California Official” (these are SUV’s so need that burst of power supercaps can provide)


  11. 11
    Van

     

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    May 22nd, 2008 (10:10 am)

    Before we start dancing in the streets, lets remember that earlier GM had a goal of selling the Volt comfortably under $30,000. However I do not recall ever seeing a goal to put the Volt “on the market” vice into production by 2010. That is big news. But it still could refer to the market of “limited availability” rather than at a dealer near you.

    Bottom line, a very encouraging development, Go Volt!


  12. 12
    TK

     

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    May 22nd, 2008 (10:11 am)

    I have a question. Perhaps you can do a post on this Lyle. I read an article about the carbon load that is created when you manufacture a hybrid like a Prius. Apparently the “cost” in terms of carbon output is much greater than when one makes an SUV because of the making of the battery. Now, over time, the better gas mileage will neutralise it. However, if you buy a used car with reasonable gas mileage like a Tercel, you would have to drive the Prius 100K miles to offset it. This is because the used car was already built so your order did not generate any more cabon. What about the volt? I imagine that the creation of those volt batteries will be even greater in terms of carbon releasing than the Prius.


  13. 13
    Exp_EngTech

     

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    May 22nd, 2008 (10:11 am)

    If this kind of news continues we’ll all have to start wearing a Depends…


  14. 14
    Statik

     

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    May 22nd, 2008 (10:14 am)

    You all know me.

    You all no what I am going to say.

    But go ahead, get excited.

    This dream will die in 3…2…1…


  15. 15
    ThombDbhomb

     

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    May 22nd, 2008 (10:17 am)

    Holy crap! My pulse quickened. Shivers went through my body. Could it be?


  16. 16
    Statik

     

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    May 22nd, 2008 (10:18 am)

    Other news…

    Ford slashes all its productio…and shocker, says will no longer be profitable in 2009, “unless there is a fairly rapid turnaround in U.S. business conditions”

    15 percent reduction in the second quarter
    15 to 20 percent in the third quarter
    2 to 8 percent in the fourth quarter

    Production cuts hurt revenues, because automakers book vehicles as sold once they leave the factory.

    Ford is the first to be forced to own up, the other two will not be far behind…and falling revenues = bad cash flow = bad credit = no more credit = panic.

    Other news…Ford slashes all its production and shocker…says will no longer be profitable in 2009, “unless there is a fairly rapid turnaround in U.S. business conditions”

    15 percent reduction in the second quarter
    15 to 20 percent in the third quarter
    2 to 8 percent in the fourth quarter

    Production cuts hurt revenues, because automakers book vehicles as sold once they leave the factory.

    http://biz.yahoo.com/ap/080522/ford_cuts.html

    Also on the wire today, home price index posts largest drop in 17-year history. Doesn’t speak volumes for the ‘rapid turnaround’ the automakers say they need to break even.

    http://biz.yahoo.com/ap/080522/home_prices.html


  17. 17
    ThombDbhomb

     

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    May 22nd, 2008 (10:18 am)

    #13 Statik

    The dream has its ups and downs. But, the general trend is positive.


  18. 18
    Statik

     

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    May 22nd, 2008 (10:30 am)

    #16 Thomb

    If the dream is only that GM is going to built the Volt, I agree the trend is positive.

    I have very little question that if GM can built it (ie. still have money in the bank)…they will.


  19. 19
    Tim

     

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    May 22nd, 2008 (10:31 am)

    AFS Trinity Demonstrates XH-150 Plug-in Hybrid to California Official
    Source: AFS Trinity
    [May 21, 2008]

    SYNOPSIS: In a typical 340 mile week of driving, barely two gallons of fuel will be consumed, resulting in 170 miles per gallon.

    http://www.evworld.com/news.cfm?newsid=18280&url=


  20. 20
    Patrick Flanigan

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    May 22nd, 2008 (10:40 am)

    I have been holding off buying a new car since I first heard about the Volt. I love it’s look.

    Build it and I will buy it !!!!!!!!!


  21. 21
    George K

     

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    May 22nd, 2008 (10:42 am)

    Hello Lyle’s sign-up list!


  22. 22
    Estero

     

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    May 22nd, 2008 (10:43 am)

    Wow! This is terrific! Make mine Red.


  23. 23
    Jim Rowland

     

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    May 22nd, 2008 (10:56 am)

    This is a fun roller coaster ride! After all the ups and downs all will be well. Imagine how the dealers feel- will my dealership get picked for the first year? They should know within a few months and at that point its time for a deposit!


  24. 24
    kent beuchert

     

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    May 22nd, 2008 (10:56 am)

    The German press isn’t known for being very reliable (not that ours is demonstrably better).


  25. 25
    Brian M

     

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    May 22nd, 2008 (10:58 am)

    Lutz said closer to $40k not too long ago, now Wagoner is saying under $30k.

    One of them has to be wrong…..

    I think the lesson here is to just be patient. GM will eventually let us know what the actual price is.


  26. 26
    noel park

     

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    May 22nd, 2008 (11:02 am)

    Well they could sure sell a bunch of them if they had them available today! The sooner the better Rick.


  27. 27
    BillR

     

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    May 22nd, 2008 (11:03 am)

    Well, despite Statik and his pessimism, I think this calls for some celebration.

    This may be a repeat, by we know there are a lot of new people coming to this site, so see the attached video, it has a cool music score, and check out the Volt’s lighting scheme at night.

    http://www.youtube.com/watch?v=yVFTAgKTN70


  28. 28
    Jarek91

     

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    May 22nd, 2008 (11:04 am)

    If nothing else, GM is making some brilliant moves. Investing in channel Planet Green giving them some rather exclusive advertising rights with the exact crowd they’ll be aiming for initially…then mentioning a possible earlier release and lower price of the flagship of their green car line-up.

    Amazing PR footwork aside, every piece of news I read about the Volt just makes me want it more.


  29. 29
    N Riley

     

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    May 22nd, 2008 (11:05 am)

    TK #12

    If we go by what you say, we should never build another new car or truck (or anything else). We should all start trading in and buying only used vehicles, forklifts, boats and such. Since no more carbon will be produced in the sale and re-sale of these used vehicles, etc. So, GM, Ford and all should just convert their plants to repairing used equipment for our new world.

    Get real. Go GM, Go Volt. And any other company who can and will produce NEW cars and trucks that will reduce or remove our dependence on oil and the oil producing countries. ASAP…..

    This announcement is good news and I hope it holds up. We need the Volt as early as GM can produce it. They will not be able to make enough of them at less than $30,000 U.S. Dollars.


  30. 30
    N Riley

     

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    May 22nd, 2008 (11:14 am)

    TK #12

    Sorry, if I sounded a little hard on you. I did not mean to do so. We are all anxious to see some relief from high gasoline prices. It is only going to get worse before it gets better, if it ever does.

    Let’s all pull for GM and the other manufacturers in this new effort to give the buying public what we hope will be good for us all and the planet, also.


  31. 31
    pauln

     

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    May 22nd, 2008 (11:17 am)

    No need to wait until tomorrow, (gatekeeper)Lyle. It’s on the internet. Here it is, translated by Google:
    http://tinyurl.com/6zyp24
    And $30k is what he said.


  32. 32
    Nixon

     

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    May 22nd, 2008 (11:19 am)

    #12 TK – Your math might work on an individual basis, but somebody has to buy a new Tercel for you to buy a used Tercel. So all you are doing by comparing a used car to a new car is dodging responsibility for the original production of your used car, as if that part of the car’s carbon footprint were all on the shoulders of the first buyer. And that somehow the change of ownership washed the carbon footprint of the construction of the vehicle clean for the second owner.

    If you are really meaning to compare the carbon footprint of a NEW Tercel vs a new Prius, that’s an entire different subject. You would be better off just addressing that directly, instead of muddying the waters with the new vs. used argument.


  33. 33
    Darius

     

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    May 22nd, 2008 (11:19 am)

    Can I pay now?


  34. 34
    pauln

     

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    May 22nd, 2008 (11:19 am)

  35. 35
    pauln

     

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    May 22nd, 2008 (11:20 am)

  36. 36
    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (11:25 am)

    “GM hat ein ganz klares Ziel: Wir wollen den Volt 2010 auf den Markt bringen zu einem Preis von weniger als 30.000 Dollar“

    “Weineger als 30.000 Dollar” means “less than 30,000 $”, yes LESS.

    AS Ache always writes,
    take care


  37. 37
    Paul-R

     

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    May 22nd, 2008 (11:25 am)

    This is starting to sound like yet another “too good to be true” mis-statement. I’m a big fan of the Volt, but I’m afraid you may all be setting up Static for a big ‘I TOLD YOU SO”.

    It’s obvious that he’s chomping-at-the-bit to say it. ;-)


  38. 38
    dodahman

     

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    May 22nd, 2008 (11:25 am)

    My Mazda6 ought to be just about ready to trade in by that time.
    Woo Hoo!


  39. 39
    Mark Bartosik

     

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    May 22nd, 2008 (11:27 am)

    I hope that they have some surprises for production volume too. Otherwise there will be a supply shortage.


  40. 40
    Jared

     

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    May 22nd, 2008 (11:37 am)

    That is excellent news!


  41. 41
    greg woulf

     

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    May 22nd, 2008 (11:45 am)

    18 Tim, the car is possible now. Plug in cars will start appearing everywhere, and the numbers will look great. If you can get an EV with a 50 mile pure range, your numbers will always look good at the launch of the car.

    The questions that GM have answered that are going to make the Volt much better in the long run are about convenience, durability and cost.

    My biggest worry is that people will see the MPG and assume equality. The Volt with a 10 yr battery life, safety, and the performance of an above average ICE will be head and shoulders above the trinity or any other plug-in that I’ve seen advertised, even in prototype or limited test version.

    Don’t compare cars on just one stat, compare them on how they perform over 10 years, and beyond.


  42. 42
    Statik

     

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    May 22nd, 2008 (11:46 am)

    #25 BillR

    “Well, despite Statik and his pessimism, I think this calls for some celebration.”

    You know you’d miss me if I wasn’t here! I’m a integral part of all of these threads. There would be so fewer responses (albeit much more positive) in all these threads, hehe.

    It would be like waking up in the morning and having eggs with no bacon. (Yes, I realize that analogy leave me wide open, lol).


  43. 43
    Dave B

     

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    May 22nd, 2008 (12:01 pm)

    I’m with Statik (chills)… everyone will be ticked at GM when this turns out to be $40K and Dec of 2010 (if we’re lucky).


  44. 44
    Schmeltz

     

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    May 22nd, 2008 (12:02 pm)

    Just like we shouldn’t take a lot of stock in price speculations that are high such as a few month ago with the $40 grand estimate, lets not take a lot of stock in this one which happens to be on the low side—even if it comes from the top brass. There’s still a lot of time between now and 2010, and any number of things could affect the price between now and then. Not trying to rain on the parade, but I’m just being realistic. We should figure the Volt to be a very expensive commodity when it first comes out. If it’s less than the higher numbers we have been told, then it is all the better, and a pleasant suprise to boot.


  45. 45
    Tim

     

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    May 22nd, 2008 (12:05 pm)

    I think that when Bob Lutz said “closer to $48K”, he was talking about initial build cost as volumes increase. He also said that GM was willing to “take a loss for several years” on the Volt.

    His boss Rick Wagner is also saying that GM is willing to sell it at under $30K with a loss on the initial units in order to build economies of scale so that later units will be profitable. They have made the Volt a Chevy because that is their “main stream” line and they know that Chevy’s must sell for well under $30K to remain in the main stream.

    This strategy will buy them AT LOT of green credibility that they have let slip to Toyota and will also raise their fleet MPG average. Since E-Flex will be used across MANY different GM product lines, the amortization of the initial costs (losses) will pass quickly.

    GM is finally thing ahead instead of focusing on just the past and the present.

    GM, keep you eyes, ears, minds and budgets open to new technologies and look to the future. Be brave, be bold and be successful! We’re counting on you.


  46. 46
    Tim

     

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    May 22nd, 2008 (12:08 pm)

    Here is the Alternative Fuels and Vehicles Conference Presentations
    http://afvi.org/NationalConference2008/presentations/


  47. 47
    Vincent

     

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    May 22nd, 2008 (12:17 pm)

    Fantastic. I put my wife on the list last month.
    USA #1
    Thanks for your continuous excellent work Lyle!


  48. 48
    Rashiid Amul

     

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    May 22nd, 2008 (12:18 pm)

    Hurray for GM! I like that it will be priced for the masses.

    Statik, keep it coming. :) I do hope (as you probably do too) that you are wrong. ;)

    Question everyone. Assuming the Volt is coming out in early 2010, how soon do they need to start retooling the plant they are building the Volt in? I have no idea how long it takes to do that, but I think we have discussed it here before.


  49. 49
    Rashiid Amul

     

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    May 22nd, 2008 (12:25 pm)

    Jean-Charles Jacquemin #34, I was waiting for your translation before getting excited. Thank you. Does it tell us when in 2010 it will come out? The tinyurl translation above needs some help. Thanks.


  50. 50
    Vincent

     

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    May 22nd, 2008 (12:37 pm)

    By By Honda. The lease is up on my Civic Coupe in 12 months…Sweet!


  51. 51
    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (12:40 pm)

    Ok Rachiid, here is the start of the press article :

    “GM hat ein ganz klares Ziel: “Wir wollen den Volt 2010 auf den Markt bringen zu einem Preis von weniger als 30.000 Dollar“, sagte GM-Vorstandschef Rick Wagoner der Frankfurter Allgemeinen Zeitung.”

    My translation :
    “GM has a very clear objective : “We want bring the 2010 Volts on the markets at a price less than 30,000 $”, says GM-CEO Rick Wagoner to the Frankfurter Allgemeinen Zeitung.”

    To me “the 2010 Volts” means … that there will be 2010 Volts on the roads.

    Hope that helps, take care all of you.


  52. 52
    Rashiid Amul

     

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    May 22nd, 2008 (12:47 pm)

    Thank you very much, Jean-Charles #49. I have to agree. 2010 means 2010. Anywhere from January – December. So the time line may not have changed at all. It could still be November 2010. Thanks again, Jean-Charles.


  53. 53
    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (12:48 pm)

    Rashiid,

    Here is what follows in the Frankfurter Allgemeinen Zeitung :

    “Bisher hatte GM nur erklärt, Ende 2010 mit der Serienfertigung des Volt unter der Marke Chevrolet beginnen zu wollen.”

    My translation :
    “Until now GM has only precised that they will begin to serie produce the Volt under the make Chevrolet by the end of 2010.”

    Hope that helps.


  54. 54
    Brain

     

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    May 22nd, 2008 (12:58 pm)

    Maybe since it is a German interview they actually mean less than 30,000 Euro.


  55. 55
    Raymond

     

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    May 22nd, 2008 (1:01 pm)

    Alright! I’ve got $7K saved up for my down payment so far.

    Someone said something about a 10 year battery life. Works for me, the 2020 Volt will be so much more technologicaly advanced, you’ll want to trade in your 2010 by then… ;-)


  56. 56
    Jason M. Hendler

     

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    May 22nd, 2008 (1:02 pm)

    I am far more excited about the earlier release date, rather than more speculation on price. An earlier release date means that the development is going extremely well.


  57. 57
    kent beuchert

     

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    May 22nd, 2008 (1:06 pm)

    If Rick is looking to lower the cost partly by removing extras and options, I think he’s on the right track. The strategy has changed – you no longer need to present an electric with exactly the same
    goodies as a gas powered job. The people buying the Volt are buying into a concept and technology and whether it has power seats is mostly irrelevant to them, as it is to me. I operate my power seats possibly once every two years or so. Do you really think I give a %$%#@ whether the seats are power or not? Power windows, on the other hand, are a different story.


  58. 58
    DaveP

     

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    May 22nd, 2008 (1:07 pm)

    I’ll bet they can make money selling \Volts under $30k. If Toyota can sell Priuses and make money at $20ik, it ought to be possible to add a $10k battery pack and still make money at $30k. The development costs are kind of irrelevant. GM was going to pay their people to develop something regardless, so they cancelled a couple other “traditional” cars that they probably would have had a hard time selling and would have lost the money, anyway.
    Well, that’s my cautiously optimistic rationalization.

    The real truth is that I expect it to be under $30k for no other reason than I wish it to be so. :)


  59. 59
    base428

     

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    May 22nd, 2008 (1:18 pm)

    My $30,000+ will go toward GM’s Volt or Aptera’s Typ-1h. The first one finished gets my cash.


  60. 60
    PeteVE

     

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    May 22nd, 2008 (1:19 pm)

    i’ve been monitoring the site as after the $48K remark all I care about now is the price. The car will be awesome for sure. But the only thing is price. This variable is the make or break factor. And this news has me wanting to re-consider things and actually wait to see. I hope Statik has most the most part been a good poster and I sure hope he is wrong this time. What a great feeling it would be to drive an american made Chevy Volt. After the $48K remark, I’ve been lessening my hopes to other cars rather than the Volt. I would love to increase my hopes again.

    Heres to hope!


  61. 61
    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (1:35 pm)

    #51 Rashiid, you wrote :
    “I have to agree. 2010 means 2010. Anywhere from January – December. ”

    Well perhaps not, my 2006 Opel Corsa was actually made in october 2005 and sold end 2005.


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    noel park

     

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    May 22nd, 2008 (1:41 pm)

    #53 Brain:

    It’s a natural conclusion to draw but, if you go to the linked article, The headline says “Under #30,000 U.S.” in big , black type. What a relief.

    #56 Kent Beuchert:

    I completely agree. I could even do without the power windows. My wife, on the other hand, has a different view. That’s why we need an options list, or at least packages.

    She could have her optioned up cruiser, and I could have my bottom line stripper. My theory is that I might save a few bucks, and get a bit better AER by not carrying the weight of what I don’t need.

    Better yet, I could get my S-10 sized E-flex pickup. That’s what I really need for my second “Volt-like” vehicle.


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    Clark

     

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    May 22nd, 2008 (1:49 pm)

    Well consider me one of the skeptics who thought it would be at least $40k initially (but I still wanted to get one :) ). This statement is coming up a little bit too much however, I’m starting to think they really might hit this cost target (or it’s bad marketing on their part).

    Either way, I’m going to start saving. This car is important and I want in.


  64. 64
    Tim

     

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    May 22nd, 2008 (1:49 pm)

    Noel, I too LOVE the idea of S-10 size e-flex electric pickup truck.


  65. 65
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    May 22nd, 2008 (1:51 pm)

    Registered hybrid vehicles increase 36 percent in nine months in Massachusetts

    http://www.autobloggreen.com/2008/05/22/registered-hybrid-vehicles-increase-36-percent-in-nine-months-in/


  66. 66
    brad

     

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    May 22nd, 2008 (1:59 pm)

    Keep it up GM. I’m hoping for Fall 2009 release. It would really give GM a great headstart since it seems like many car companies are releasing more fuel efficient models in 2010.

    I’m ready to put down a deposit to secure one of the first cars.


  67. 67
    banjoez

     

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    May 22nd, 2008 (2:02 pm)

    Less than $30,000 ……………..with a leased battery pack.

    Don’t get your hopes up.


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    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (2:08 pm)

    #66 banjoez,

    Or Gm will copy the Renault-Nissan system, who knows ?


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    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (2:13 pm)

    BTW, Carl-Peter Forster, head of GMEurope opened a personal blog yesterday and it is very clear from what he says that the Volt will be followed by different E-flex vehicles.

    For those of you who are interested, here is the link : http://drivingconversations.gmblogs.com/

    Take care all of you.


  70. 70
    Tim

     

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    May 22nd, 2008 (2:14 pm)

    #66 & #67:

    I don’t think GM would risk making the “leasing” mistake again. They know that the EV-1 correlation would be PR suicide.


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    cybereye

     

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    May 22nd, 2008 (2:17 pm)

    I’m going to take it as a grain of salt. I still have not hear what battery company that GM have choose and did they completed the 10 year battery life cycle test? I use these info as a timeline to thier goal.


  72. 72
    George B.

     

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    May 22nd, 2008 (2:31 pm)

    It seems to me that a leased battery pack may be the only sensible thing to do. We don’t really know what real world conditions will do to the batteries yet and someone has to accept responsibility for warranty on them. There is warranty expense built in to every piece of capital equipment (cars included) so GM can build it in to the price and cover the batteries, lease the batteries as a separate item or pass the risk on to the consumer (marketing suicide!!!).

    I sure don’t want to pay 30K for a car and replace the $2,500-3,000 battery pack out of my pocket in the first year! May some sort of third party warranty deal…….?


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    jack

     

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    May 22nd, 2008 (2:34 pm)

    First solar pants, now this!

    We truly live in marvelous times…


  74. 74
    Jim I

     

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    May 22nd, 2008 (2:35 pm)

    Kind of hard to figure out….

    A 2010 model year would usually start to get sold as of Sep/Oct, 2009. Cars being released now are being advertised as 2009 models.

    My 2004 Crossfire was produced in June, 2003 and I bought it in October, 2003.

    But if they are going to stick to the initial run of 10K units, and only sold in a few states, I guess we better buy that house we are looking at in Boca Raton…..
    :)


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    frankyB

     

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    May 22nd, 2008 (2:37 pm)

    Time to see the final design :) Don’t you think??


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    Tagamet

     

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    May 22nd, 2008 (2:37 pm)

    Well, if GM thinks that their ohallenges include convincing people that $4 gas is in any way better than NO gas, I’d love to volunteer for their ad dept.
    Joining the masses on the “long side of the lever (away from the fulcrum) offsetting Statik WHHHHOOOOOOOPPPEEEEEEE!
    Oh, and TK re carbon – Screw carbon (and I say that with love in my heart).
    Tag
    PS Thanks for the links pauln


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    Neutron Flux

     

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    May 22nd, 2008 (2:38 pm)

    My daughter just got notified she was awarded a $20,000 4 year scholarship from Edison. That is $20,000 less for college I have to spend and $20,000 more I have for a Volt! Life is sweet & powered by Edison! I’ll have my Smart meter by 2010 for cheaper night time charging. Still looking for available thin film solar arrays for my roof in Sunny So. Cal? Time to clean out my garage & make room for my Volt!


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    akojim

     

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    May 22nd, 2008 (2:43 pm)

    I appreciate Jean-Charles’ input because some of the other translations I have read leave a lot to be desired as evidenced by this little comment:

    OK Statik, ich wanten be perfektly klar – your fears are unwarranted.


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    Jean-Charles Jacquemin

     

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    May 22nd, 2008 (2:44 pm)

    Tim #69

    As Carlos Ghosn said :”we need a new business model like what was done with mobile phones compared to th old fixed phones.”

    I think that perhaps a short lease on the battery is not similar to what happened with the EV-1. It depends on the possibility to have a standardization of the batteries (or ultracapacitors) and competition on this market, I do not exclude this possibility on the basis of the failure of the EV-1.

    Perhaps we should to discuss this againu in one year from now.

    JC


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    akojim

     

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    May 22nd, 2008 (2:45 pm)

    I appreciate Jean-Charles’ input because some of the translations I have read leave a lot to be desired as evidenced by this little comment:

    Fears leading trade unionists, GM could once again the capacity in its western limit works contradicted Wagoner clear: “The worries are unfounded.”

    OK Statik, ich wanten be perfektly klar – your fears are unwarranted.


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    canehdian

     

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    May 22nd, 2008 (2:58 pm)

    a GOAL of 30k can be completely different than the ACTUAL price it will sell for.


  82. 82
    Tim

     

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    May 22nd, 2008 (3:37 pm)

    Loss leader

    “A loss leader or leader[1] (also called a key value item in the United Kingdom) is a product sold at a low price (at cost or below cost)[2] to stimulate other, profitable sales.”

    “Loss leaders can be an important part of companies’ marketing and sales strategies, especially during dumping campaigns.”

    http://en.wikipedia.org/wiki/Loss_leader

    GM loses some money on the first cars because they price them for the mass market and makes it up with brand loyalty later. DUH.


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    omegaman66

     

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    May 22nd, 2008 (3:40 pm)

    How long is the lease if there is one. I would lease it for one year then have them take it back and put in my own battery.


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    Matt from Mich

     

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    May 22nd, 2008 (3:41 pm)

    What?!! It’s not going to be under $20K. I’m out! ;-)


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    Statik

     

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    May 22nd, 2008 (3:50 pm)

    #47 Rashiid

    “Statik, keep it coming. I do hope (as you probably do too) that you are wrong. ”

    Hopefully my posts do come across that way. I have always said I will be delighted to be wrong. I would like nothing more to eat crow on this one…considering the alternative. (=


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    Koz

     

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    May 22nd, 2008 (3:58 pm)

    keep ‘em motivated green eggs (and ham)


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    RB

     

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    May 22nd, 2008 (4:00 pm)

    #24 Brian said “Lutz said closer to $40k not too long ago, now Wagoner is saying under $30k. One of them has to be wrong…..”
    I agree, and I think Maximum Bob Lutz deserves a lot of credit for pushing the Volt. On a matter like price, however, Mr Lutz talks, but Mr Wagoner decides. Whatever Wagoner says is going to happen is what is going to happen. The price will be under $30K.


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    noel park

     

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    May 22nd, 2008 (4:09 pm)

    #71 George B.:

    As someone noted earlier today, Toyota faced this same issue with the early Prius. Evidently they solved it by a very conservative use of the battery – 50% of capacity, the same as the Volt. According to that commentor, and my own limited experience, this has been a non-problem for Prius owners and Toyota. I would step up to buy the battery in a heartbeat.

    Come on GM, quote me a price under $30K and I will write you a check for the whole thing today. I double-dawg dare ya!

    #79 akojim:

    Yeah, the Google translation computers do not appear to be infallible. It reminds me of the owner’s manual for my 1959 Yamaha motorcycle. It was actually fun to read, if not very instructive.

    #81 Jim:

    Just like the first couple of years of the Prius, if you believe the urban legend.


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    MetrologyFirst

     

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    May 22nd, 2008 (4:34 pm)

    I am more impressed that they feel it may be available earlier than originally planned. That means to me that GM has been dogging it all along. And that development is proceeding maybe faster than expected.

    Now, if it could get about 60 miles on a charge, ………………… everything would be all good.

    Go GM!! Show’em how its done!!


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    wow

     

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    May 22nd, 2008 (4:39 pm)

    They are both targets; that doesn’t mean he meant they would occur at the same time. Especially when we’ve heard so many $40k-ish comments for initial roll-out.


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    Jim I

     

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    May 22nd, 2008 (4:49 pm)

    MetrologyFirst #88:

    I don’t think that GM was dogging it. Sometimes, things just go better than you expected them to………….

    :)


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    pdt

     

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    May 22nd, 2008 (5:03 pm)

    I’m still betting on $35k+/-2.5k.


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    Grizzly

     

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    May 22nd, 2008 (5:06 pm)

    My problem with this is that we’ve heard things said overseas before that may not pan out. Didn’t Lutz tell the Ausies that the Volt would be released in 2010 in Australia? Now Wagoner is telling the German press that the Volt will be under $30K….or is that eu30?

    Personally I’m done speculating on price until this thing comes out volume.


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    Bernie Torbik

     

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    May 22nd, 2008 (5:14 pm)

    GM needs to be under $30k because:

    1. Honda announced plans earlier this week for 3 new hybrids (parallel or serial wasn’t stated) with a stated price objective of “…not more than Y200,000 (1,900 USD) over the price of petrol powered Hondas…”

    2. The new Prius will cost the same as or less than the current model, is larger and will have improved fuel economy. It’s AER is expected to increase to 20-25 miles.

    3. Nissan will also offer an electric vehicle in the under $30k range in 2010.

    Bottom line, $30k is a critical price point for this type of vehicle, and GM’s ability to sell significant volumes of Volt-type vehicles depends on coming in under it.


  95. 95
    mmcc

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    May 22nd, 2008 (5:35 pm)

    This is really great news. I recall some months ago, GM stating they had 200+ engineers working 24/7 on this project with only 2 holidays during the year. You focus this many geniuses on a project you get results… moon landing, Chevy Volt or a really big weapon of mass destruction. It has also seemed as if the development was progressing ahead of schedule… i.e. weeks of little or no news then “We’ve had mules on the road for some time now.” As for the plant where the Volt is to be manufactured… can’t remember the name of it but Detroit area… I recall reading that if was recently shut down so the retooling could be on-going as we speak.

    Make mine silver. Got my “Screw OPEC” bumper stickers ready. Where do I send the deposit?


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    Dave G

     

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    May 22nd, 2008 (5:54 pm)

    #12 – TK

    Yes, the carbon emissions required to produce the Volt will be initially higher than a Hummer, but that difference will diminish over time. When you compare any new technology to existing mature technology, the new technology is always more difficult to produce initially, but then they find ways to optimize production, and the new technology often becomes easier to produce than the existing technology after several years. I expect that after they’ve built millions of E-REV cars, the carbon output required to produce a Volt may actually be less than today’s Hummer.

    Also, Nova recently did a program called “Car of the Future” that featured the Volt along with other new car technologies. They talked about electric cars requiring more carbon to produce, but even figuring this in, electric cars still produced 40% less carbon over the lifetime of the car, and that’s with today’s dirty coal plants.

    So I wouldn’t really worry about this.


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    Dave G

     

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    May 22nd, 2008 (6:02 pm)

    As for the news of the Volt being a 2010 model for under $30K – THIS IS FANTASTIC!

    The sooner and cheaper the car comes out, the sooner it will get traction in the mass market. The U.S. desperately needs to reduce oil imports, and cars like the Volt seem like the best option to do this. Let’s hope the Volt becomes fashionable, and everybody wants one. When soccer moms start driving E-REVs, that’s when things will start to happen.


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    Bryon

     

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    May 22nd, 2008 (6:05 pm)

    man i sure wish i wasn’t a poor college student or i would give them a deposit!

    I don’t think it will be a hard task to convince the public that they should buy the VOLT Gas hit 4.19 in good old WV today!!!


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    Koz

     

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    May 22nd, 2008 (6:16 pm)

    Bernie Torpik #94

    “GM needs to be under $30k because:

    1. Honda announced plans earlier this week for 3 new hybrids (parallel or serial wasn’t stated) with a stated price objective of “…not more than Y200,000 (1,900 USD) over the price of petrol powered Hondas…”

    2. The new Prius will cost the same as or less than the current model, is larger and will have improved fuel economy. It’s AER is expected to increase to 20-25 miles.

    3. Nissan will also offer an electric vehicle in the under $30k range in 2010.

    Bottom line, $30k is a critical price point for this type of vehicle, and GM’s ability to sell significant volumes of Volt-type vehicles depends on coming in under it.”

    It can’t be reasonably predicted what the price will need to be in 2010. Gas prices, material prices, and the Volt specs are too much in flux to say where the price should be. All that can be accurately said is that vehicles with AER can support a price premium over those no AER. That premium for APPLES to APPLES vehicles will be directly related to the price of gas at the time of purchase and buyer psychology. If anyone can accurately predict this then please direct diect me to the location of our current president’s grey matter.

    1. So. Don’t you think they would have been screaming their specs if they were impressive.

    2.The current Prius and any other car that does not have a plug can only have 0 AER. Any AER will require plug and charger, plus a larger battery if they want to have any practical range. How can this cost less?

    3. So. What will range be for under $30K?


  100. 100
    GM Volt Fan

     

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    May 22nd, 2008 (6:48 pm)

    Wow. I hope this is an accurate story. This would be HUGE. A Volt for UNDER $30,000 in early 2010?

    Things might be going MUCH better in the development of the Volt than we think. GM is probably dying to get the Volt into showrooms in order to get some of those sales that the Prius is getting these days. GM will have plenty of customers for the Volt if they can get it out on the market. Lots of them … TENS OF THOUSANDS in the first year, maybe a hundred thousand or so. With gas prices where they are now and probably going up more, I bet there will be plenty of folks who will want to trade in their SUV or big truck for a Volt.


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    Statik

     

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    May 22nd, 2008 (6:54 pm)

    I was watching the market pretty close today to see if there was spillover from the Ford news…looks like it smacked GM down another 3.5%.

    Of interest:

    High —— $43.20 (October 12th, 07)
    Today — $18.43

    …not good.

    About 90 cents away from a multi-decade low…and a cap under 10 billion, which makes GM a ‘mid cap’ stock now…scary. Thats about the market cap of…Activision? Maybe they could do a tie in with them the Volt “Call of Duty 4″ Limited Edition.


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    Jeff

     

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    May 22nd, 2008 (7:08 pm)

    Horray!!!! under 30K!!!

    However, when I see it on the invoice during purchase I will believe it. I wonder if it would be possible to dig up all the media stories on GM’s Saturn company before they produced a single sellable vehicle. In case you are unaware, several claims were published on the performance and price of Saturn’s vehicle(s) which turned out to be stretching the truth.


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    micgro

     

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    May 22nd, 2008 (7:24 pm)

    „GM hat ein ganz klares Ziel: Wir wollen den Volt 2010 auf den Markt bringen zu einem Preis von weniger als 30.000 Dollar“

    “GM has a very clear goal. We want to introduce the Volt to Market in 2010 for a price of less than $30,000.

    I have been following the Volt through this blog for some months now. After I found out that the e-flex platform is supposed to be used globally I started to search German news/blog sites thinking that the German web sites must be buzzing with excitement. I could not find anything that resembles this site . GM still has a lot of work to do education Germans/Europeans about the e-flex platform.

    I live in the US (PA, near Philly) now for almost 15 years and can’t wait to drive electric to reduce my carbon footprint. My drive to the train station is under 5 miles, both ways. Most weeks I would only need to recharge once.

    Weiter so, GM!


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    andy

     

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    May 22nd, 2008 (7:30 pm)

    Am I the only one that interprets “we want to put the volt on the market in 2010″ as consistent with everything else we have heard about the release date? November of 2010 is still in the year 2010. There is nothing new in that statement. If he would have said “we want to put the volt on the market BY 2010″ then this would be newsworthy.


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    BigCityCat

     

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    May 22nd, 2008 (7:53 pm)

    With regards to gas prices. We discussed this in another thread. I know a lot of people don’t understand the Futures market where they trade commodities, but it’s been an unregulated market where they trade oil and gas. Dian Fienstein put an amendment into the farm bill (that will get passed) that closes what is called the “enron loophole”. Essentially regulating Futures commodities under CFTC supervision. There are some who say we are at a point where oil could go up or could drop as low as $80 bbl. I hope if prices do drop it doesn’t threaten the Volt.

    http://www.closetheenronloophole.com/


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    May 22nd, 2008 (8:14 pm)

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    Kent

     

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    May 22nd, 2008 (8:15 pm)

    Looks like GM will do what Toyota did when they introduced the Prius, i.e. lose money on every car sold. Why? To guarantee (as best as one can predict) a market for this type of car. If GM follows through this will be the first time I can remember a corporation looking beyond two quarters of a fiscal year. (Just had to be cynical, sorry!)

    Why lose money but build market share? To reach “critical mass” of course. With enough volume costs will drop. Look at Tesla. Their battery pack has 6871 cells! At just $1 a cell the batteries, not counting the high tech aluminum enclosure, electronic monitoring system and outright labor of assembling 6871 individual cells into a single battery pack, Tesla will NEVER build a “car for the masses” (i.e. an EV under $30K). But GM will build huge automated factories if there is money to be made. GM can and will bring down the cost of the batteries if sufficiently motivated.

    Look what GM did when catalytic converters were mandated (i.e. only viable technology to meet federal mandated emission standards). They essentially bought the entire platinum output of an African nation (I can’t remember which one but I do remember this stunning fact). They spent the GNP of small nations to secure sources and fabricate all stainless steel exhaust systems (due to the extreme high heat of the catalytic converter[s]).

    We may be a service economy but if there is sufficient motivation GM and the United States can still “git’ ‘er done!” I don’t know what lit the fire under Wagner and Lutz but I would love to see the automotive equivalent of “going to the moon.”


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    kent beuchert

     

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    May 22nd, 2008 (8:30 pm)

    A I’ve said before, when it comes to determining cost of a product, there’s a lot of guesswork involved. It’s not a simple math operation, primarily because of the need to know how many units must the development costs be spread over. That is never actually known until much later, when the product goes out of production. Only then do you really know how much, if any, profit you have made from the product because only then do you know exactly what each product unit cost to make. Wagoner is either assuming a very large product run (and not just the Volt – all E-Flexes now and in the future that piggyback on the development process) or perhaps is willing to actually eat those development costs completely (and perhaps price the batteries at what they will cost in a year or so) in order to
    price the E-Flexes very attractively. A Cadillac E-Flex would have a higher profit margin one would believe.


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    swimdad623

     

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    May 22nd, 2008 (8:54 pm)

    107 Kent

    Tesla would be a big hit if the 6871 cells really were $1 each. Unfortunately, they’re not. They’re more like $10 each, and the volumes that Tesla is buying is not going to lower that cost. The Tesla cells are the same cells used in a laptop computer (3/laptop), so Tesla’s 1000 cars/year equate to less than 2 million laptops/year. Since the laptop market is about 75 million units/year, Tesla is buying about 3% of the market – not enough to make a real difference in cost.

    However, the Volt is different because they use a different type of cell (to prevent the thermal runaway problems that result in flaming laptops). The market for high-power ‘safe’ cells is dramatically smaller than the laptop market – today mostly for power tools. My guess is that it’s only about 2% of the laptop market size. In addition, although the Volt battery is only 30% of the Tesla battery size (16KWH versus 53KWH for the Tesla), the smaller baseline market and the potential for a larger number of cars (10,000/year minimum, 100,000/year eventually) means that the Volt will increase the market for these cells by 3x minimum, and by as much as 30x.

    This is where Volt Nation has probably had a big effect on GM’s thinking.

    If GM thought that they would sell 10,000 Volts/year, the battery manufacturer would just double the size of their existing factory and not gain big economies. However, if GM thought they could sell 100,000 Volts/year, that means that they need several new factories. To do that, the manufacturer would need seed money from GM, and in return GM would get priority on the battery shipments and a steep discount. That’s how it’s done in the auto business.

    By building up the excitement, I think we’ve convinced GM that the sales will be more like 100,000/year, and they’re working on the factory process now. Don’t be surprised if GM takes a financial stake in one of the manufacturers. If you dig into the financials, GM still has a ton of money available (they just sent $211M to Amexican Axle this week to help them settle a strike that slowed the production of big SUVs).

    If I can read between the lines on Rick Wagoner’s speech, I think they’ve made an offer to one of the battery manufacturers for a steep discount in return for equity investment. They’ll probably give them an old GM plant for the battery factory, and they’ll start making the cells in the USA. Then, the date of the car is dependent on when the factory is operating, and it sounds like this is sooner rather than later.

    Anyway you look at this, it’s good news!


  110. 110
    koz

     

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    May 22nd, 2008 (8:55 pm)

    I think it’s most likely the comments by Wagoner are being misinterpreted and/or being blown out of proportion. If not and they accurately reflect his thoughts, then it is most likely one of two scenarios.

    1) They plan on marketing the Volt with a battery ready cost, so $30K is without battery.

    2) They plan on offering a BEV version in advance of the EREV. Drop the range extender and price might be able to be under $30K and limited production could be done earlier. The major design obstacle at this point is integrating the ICE genset and battery for range extended mode. For a BEV only, the main obstacle left is finishing battery lifetime testing.


  111. 111
    Hous Volt Pharteen

     

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    May 22nd, 2008 (9:28 pm)

    Sorry about the holy thing there…I meant to say that I will be on line and if I have to camp by the dealer about a week or even more I am down. Yeah, hope GM CEO remember this day and his statement.


  112. 112
    Ron

     

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    May 22nd, 2008 (9:44 pm)

    I’m not ready to buy 3, but I’m certainly not going to object to getting 1 a little bit sooner and cheaper! I’ll wait until the technology transfers to a small pickup (the Isuzu & Toyota pickups from the ’80s were the perfect size, the Colorado is too big…) for my second purchase.


  113. 113
    kent beuchert

     

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    May 22nd, 2008 (9:56 pm)

    If early 2010 is the call, then apparently the battery tests are going much better than anyone ever expected, and there is growing confidence that the lifespan targets are going to be achieved
    more easily than they originally thought. This, I might add, can also be part of the cost reduction estimate by Wagoner. Those battery waranty costs may be down both because there is greater confidence that they will last as long as required, and/or the
    future cost estimates of those battery packs is also going down.
    Soem comments by the Volt execs would be interesting.


  114. 114
    Dave G

     

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    May 22nd, 2008 (11:18 pm)

    Kent – #107,
    swimdad623 – #109,

    The battery pack for the Roadster costs Tesla $22,000 and stores 53kwh of energy. The GM Volt pack stores 16kwh. If GM used the same batteries as Tesla, then the Volt battery pack would cost ((16/53)*$22,000) or around $6500. The Volt is based on the new Chevy Cobalt platform, which sells for around $15,000. So if GM used Tesla batteries, the Volt should less than $25,000.

    So this means that GM is probably paying a lot more for their batteries than Tesla. Note that Tesla is using the the commonly available high volume Li/Ion chemistry that is also used in laptops and cell phones. These batteries can catch fire if they short. Tesla says battery fires will be prevented by pack control circuits and cooling, but in an accident, I wonder what might happen.

    GM is taking a more conservative approach. They use new battery chemistries that store a little less energy, but don’t catch fire. The new batteries also preform better in other ways as well. Let’s hope that these new chemistries from LG and A123 become as cheap as the Tesla batteries once the volume ramps up.


  115. 115
    Grizzly

     

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    May 22nd, 2008 (11:32 pm)

    Dave G # 114

    “Let’s hope that these new chemistries from LG and A123 become as cheap as the Tesla batteries once the volume ramps up.

    *** *** ****

    They will, this is why it’s so important for the Volt to hit the market as soon as possible. There’s no other way to get the ball rolling than to stick to a plan and make it happen.


  116. 116
    GXT

     

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    May 23rd, 2008 (12:52 am)

    I’d like to say I am shocked that it took 81 posts before someone actually commented on the concept of “want”, but it seems sadly par for the course.

    I want to win the lottery.


  117. 117
    TK

     

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    May 23rd, 2008 (1:50 am)

    My comment about the carbon production was simply stating a fact. Essentially buying a used car (well, one that gets reasonable gas mileage) is like recycling. Of course new cars need to be built but if there there less of them built and more people recycled them, that would ultimately limit our footprint. I think if the volt is as good as we all hope it is, they will last a long time and people would want to buy them used and/or would keep them 5 or more years instead of the typical 2 years that many people keep theirs on lease. And comparing a new Tercel to a new Prius was not my point – the point was to show that buying a used car (a fuel effecient one) may be better for limiting one’s individual pollution than by getting a new Prius. Hell, a used Prius would be even better! A used Volt even more so!


  118. 118
    TED in Fort Myers

     

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    May 23rd, 2008 (6:16 am)

    Make it so…GM. White or silver for me. BEV would be better. TED


  119. 119
    Captain Kurt

     

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    May 23rd, 2008 (9:30 am)

    Over the past week I have been searching how to produce hydrogen via electrolysis. Apparently this is quite easy. Put a positive and negative charge in water and the negative charge will bubble up hydrogen. One guy reports he has been running his full size 1973 Caddy on hydrogen for over 20 years.

    Also, What about gyroscopic generators? It keeps my watch ticking and the Germans powered vehicles in WWII with this technology.

    Let go of the oil addiction. NOW!

    Captain Kurt


  120. 120
    Dave G

     

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    May 23rd, 2008 (10:22 am)

    TK – #117

    I don’t understand your point.  If more people want new cars, then used cars will sell for less, but they will still sell, and people will still drive them.  Lots of people are poor.  There will always be a demand for cheap used cars. 

    When a car does get scrapped, it’s generally beyond repair.  If it does still run, it probably runs so poorly that it’s spewing tons of carbon and other polltants in the air.  If a car goes to the junkyard that can be easily repaired and runs well, then somebody will probably fix it and sell it for a small profit.

    If more people want used cars, then used car prices will increase.  Poor people will end up driving more cars that run very badly.  The carbon emmissions for a poorly running car are extremely high. How will increasing the price of used cars help with global warming? 


  121. 121
    noel park

     

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    May 23rd, 2008 (12:18 pm)

    #112 Ron:

    Amen.

    #115 Grizzly:

    Amen.


  122. 122
    doggydogworld

     

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    May 23rd, 2008 (1:13 pm)

    #109 SwimDad – 18650s are $4.39 for 101-500 units:

    http://www.all-battery.com/index.asp?PageAction=VIEWPROD&ProdID=554

    Tesla pays closer to $3. A123Systems charges more for their retail cells because customers will pay it. The main reason GM keeps LG Chem around as a competitor and spends time on stuff like lithium+ultracapacitor combos is to keep A123 honest on  pricing.


  123. 123
    TK

     

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    May 23rd, 2008 (2:08 pm)

    I don’t think that people generally want used cars. We are a throw away culture and the fact that the warranty expires just facilitates our reasoning for getting rid of one after two to four years.  Plus, most people are not passionate about their cars and just abuse them for a few years and move on.  Not to mention there is a status associated with a new car (the smell and all that nonsense).  Therefore, used cars will always be plentiful and cheap (excepting with high end collector cars obviously).   And yes, a smog-spewing 15 year old car with 250,000 miles is not a good thing – however I recently owned a 1996 Honda accord with 160K miles that was well maintained – got over 30mpg and cost me only 3000 bucks.  All I am saying is that people think that newer is better and that by definition getting a new car that gets better gas mileage must be better for the environment  – this is not so unless you drive that thing for a LONG time.   The other concern is about the manufacturing process of these batteries. How much waste is produced compared to a conventional car?   All this is fine if the new Volt is such a great car that it lasts.  Then people will hopefully drive them for 100K miles.


  124. 124
    N Riley

     

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    May 23rd, 2008 (2:53 pm)

    With every silver cloud there is a dark lining.  To some the under $30,000 and by 2010 is great.  To others, there has to be something terribly wrong for GM to say this.
    We have plenty of time before the Volt comes out to find out all the little “nuggets” of information.   It will be an exciting year or two and each of us will address this time lag vs our desire for the Volt now differently.  We are individuals and we approach “problems” as individuals, each with his or her own methods.
    Go GM, Go Volt.
     


  125. 125
    bruce g

     

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    May 23rd, 2008 (5:19 pm)

    I found the article in a google search under
    “Frankfurter Allgemeine  Zeitung”
    Translate the page
    Select “cars” from the headings at the top of the translated page.
    The interview is half way down the page.


  126. 126
    bruce g

     

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    May 23rd, 2008 (5:26 pm)

    The Wagoner interview is on the net but my comment that shows the path has just gone to moderation.
    Shame.


  127. 127
    bruce g

     

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    May 23rd, 2008 (6:15 pm)

    The interviewers question preceding the Volt question concerned the way forward. The answer was electric vehicles, no mention of the Hydrogen Economy. Thank Goodness!


  128. 128
    Nelson

     

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    May 23rd, 2008 (9:55 pm)

    The Volt will be like a great movie, once released it will be a blockbuster.  It will be difficult for GM to keep up with the demand.  If it sells just under $30,000 GM need to gobble up the market share before the competition wakes up.
    GM Watch out for Ford/Volvo.
    http://www.theautochannel.com/news/2007/09/09/061372.html


  129. 129
    daddia

     

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    May 23rd, 2008 (10:05 pm)

    I will pay for an electric car that:
    1. Seats four.  At least two comfortably,
    2. Tops out at 75 mph (at least),
    3. Goes 75 miles or thereabouts on a charge,
    4. Does not look like an eco-nerdmobile.
    Do I make the check for my Volt out to “GM” or “Chevrolet”?


  130. 130
    Alex

     

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    May 24th, 2008 (12:44 am)

    Hell yes! I’m all for it


  131. 131
    Estero

     

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    May 24th, 2008 (6:45 am)

    127 Nelson
    The only real difference between the Volt and the Volvo is the Volvo will have an electric motor at each wheel.  There are reasons to believe GM is working on the same concept for introduction at a later date, perhaps on Volt v2, the Saturn, a Cadillac or whatever.

    A recent Technology Review article mentioned the Volvo’s biggest challenge in the development of their car is software to control those 4-electric motors.  Once that is accomplished, the concept should be dynamite.  Unfortunately, the Volvo is likely to be priced out of the reach of many.

    My money is on GM to deliver a car with the same concept as the Volvo but priced for the masses.


  132. 132
    Estero

     

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    May 24th, 2008 (6:54 am)

    A followup to #130.

    We haven’t heard much from Ford as it relates to their plans for E-REV type vehicles.  Perhaps they will use volume production and introduce a Ford based upon the Volvo concept.


  133. 133
    Estero

     

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    May 24th, 2008 (7:03 am)

    There is no question that my loyalties lie with GM, having been a customer of theirs for many years.  But, down deep I really hope the day will come, hopefully sooner than later, when all cars (GM, Ford, Toyota, Honda, etc.) manufactured for sale in the U.S. is based upon the E-REV concept.  This is what it will take for the U.S. to get rid of our dependence upon foreign oil and those countries who wish us nothing but harm.


  134. 134
    Novacamp

     

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    May 24th, 2008 (12:37 pm)

    As others have noted, our household is delaying buying a new car until an electric vehicle is available. Hybrids are a redundant system nightmare and the ICE is a dinosaur.  Consumer demand is not an issue.


  135. 135
    eartha5

     

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    May 24th, 2008 (10:07 pm)

    <<convincing consumers of the advantages of the Volt>>
    Are you kidding me? They actually think they have to convince anyone? Are they idiots? How many Prius have been sold? And this is a plug-in electric vehicle, that looks bad-ass. They think consumers won’t get it????
     
     


  136. 136
    jbfalaska

     

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    May 24th, 2008 (10:30 pm)

    The Volt is quite personal for me.  As a retired US Air Force veteran, too often our “call to arms” was not much more than a call to protect the Oil lanes for Oil Barons.   Now the kicker —
    Americans subsidize China, Japan, Europe, and a great segment of the rest of the world to the tune of nearly $6.00 per gallon on top of the absurd $4.00 a gallon charged.  When you add in ALL the COSTS of protecting Middle-East turmoil oil, the cost Americans pay is $10/gallon.  The rest of the world already kicking our rears in trade gets that free-ride of Arms protected oil lanes for free thanks to the American Taxpayer.  

    Sorry, but it’s time to end this $400,000,000,000.00 per year dependence on imported oil. 

    CHEVY VOLT – AMERICAN MADE, AMERICAN FUELED – GM, please build it.    


  137. 137
    jbfalaska

     

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    May 24th, 2008 (10:40 pm)

    I haven’t bought a new car since 1991.   Although I don’t need to (I bought 3 used Buick Regals and they never break down, gave one to my wife, daughter, and I have the supercharged).   All are reasonable on gas, but hey, the Chevy Volt will be the first to match the quietness of a Buick.  Even though the Regals are good on gas, it’s still $4.00 a gallon at the pump  and rising.  

    Thank goodness for this post above.  A Volt for under $30K means they’ll sell 100,000 a year.  For awhile, I was afraid a subcompact car, the Volt at $40K, well, I imagined closer to 10,000 cars per year.  


  138. 138
    wwskinn3

     

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    May 27th, 2008 (2:10 pm)

    Can GM arange for those on the list to buy direct and simply pick up at a dealer.  That way the dealers won’t try to rip us off for a $5,000 markup as they frequently do?


  139. 139
    Patrick

     

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    May 29th, 2008 (10:23 am)

    $3000 for a battery pack every year? Big Deal…. that’s only $250 a month. I’m paying almost DOUBLE that now for GAS!!!
    I’ll take TWO. One will pay for the OTHER!!
     
     


  140. 140
    Captain Kurt

     

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    May 29th, 2008 (11:40 am)

    This week I built a hydrogen generator. it is simple and It works. Now I am going replicate it and put it in all of my gas operated motors. You can go 1200 miles on 3 gallons of water.

    Build this car GM! Take ownership of Global Warming and reverse the oil economy.
    Captain Kurt


  141. 141
    Jean-Charles Jacquemin

     

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    May 29th, 2008 (11:45 am)

    Captain #140,
    Could you give us the plans or do you want to sell your licence to a big company ?
    Your sailor, JC
     
     
     
     
     
     
     


  142. 142
    @lien

     

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    Jun 3rd, 2008 (10:43 pm)

    correct me if im wrong, but GM in 2002 had an electric car and it was killed off by the US government and oil companies.

    here we go again

    *sigh*


  143. 143
    Kevin R

     

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    Jun 4th, 2008 (6:48 am)

    Folks…..STOP with the EV-1 stories already. It’s gone, it’s over, it’s in the past. Live in the present, the now as the future is coming.

    The Volt is a GO. It WILL be produced. It is no longer a ‘maybe’ but a WILL BE.

    The board of directors gave the production of the Volt the go ahead. Every major news organization mentioned it yesterday. It is now GM’s centerpiece. It is going to be produced and in numbers that will be staggering.

    Leave the EV-1 where it is. In the past.


  144. 144
    william

     

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    Nov 19th, 2008 (10:06 am)

    Too late.


  145. 145
    boB

     

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    Mar 30th, 2009 (4:35 pm)

    Based on another board on this site, this 30K per is based upon them depending on the price of gas being $4 a gallon and the Feds implementing a fee per gallon to get it there if not. AND it includes the $7500 from Uncle Sam. I DESPISE them trying to push the price of a gallon of gas. I know it means more business for them, but it also means hardship on the working poor in this country as well as at the register buying ANYTHING. Stay out of the economy Chevy. You guys aren’t going into Bankrupcy because you know so much about it.


  146. 146
    Thomas

     

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    Oct 6th, 2009 (8:40 pm)

    When they announce the release date, I am pitching my tent outside the nearest GM dealership ! I have never owned a GM vehicle but proud to say the Volt will be my first of many ( as long as they are electric/ hybrid ).

    Declare the 60 years of oil wars……..over !

    Thanks GM


  147. 147
    l. c. osby

     

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    Oct 25th, 2009 (9:29 pm)

    I looked at the Toyota Prius, Ford Fusion-Hybrid and the Honda Civic. I’m trying I to hold out see for the VOLT.
    Trying to confence my wife is hard. When i first heard that Volt could get 230 mpg I said even if the real world was in the 200 mile range the would be great, or even in the 150 mile range in a larger car would be ………..

    Ok. my wife has a 156 mile round trip commute each day, 5 days a week, 780 mile a week, 40560 mile a year. Just going to work. At 3 per.gal.( Calif. prices). This car could cut our gas cost from 390 to less than 50 a month.

    30,000 is the breaking point. This car my not last more than four years for us, six would be ideal. Ford warranty is only good for 150,000.
    We are getting the car to use it not look at. We have 301,000 plus thousand mile on our current car. It’s time for a new one.
    This save use a lot, i mean a whole lot at the pump. my house electric bill just a little more.