1) Buying power of US and most developed world citizens is declining. There is no clear indication that purchasing power will quickly rebound once this downturn ends or that the economic decline will end soon.

2) Cheap hybrids such as Honda Insight at only $20K are *VERY* compelling alternatives. While they still use fuel they use very little by comparison. If plugins are much more expensive then these will steal customers away from plugins.

Therefore any plugin over $30K will have a limited appeal, unless of course there is a big econimic recovery and all problems go away all of a sudden.

GM has to package the Volt technology into a smaller cheaper car. They need to have a competitive vehicle both based on performance and price for cheap hybrids to gain mass appeal/sales. Volt alone cannot do it.

It’s quite a difference too. The PHEV will offer a plug-in feature as an option, giving it a significant cost advantage by tapping into inventory already selling at mainstream volume.

Your continued effort to make EREV be perceived as superior is not constructive. Why do you keep fighting the very hybrids helping to make the Volt market realistic?

Define a plug in vehicle?

Anyway…..Its just a goal to work towards.. not a nostradumus predicition that everything is riding on.

If 6 years from now there are 100,000 PHEV’s on American roads, I’ll be happy (and hopefully driving one)

I believe that with gas prices over $4/gallon, plug in car sales will exceed those goals. If we only paid for the extraneous costs of our oil dependancy (including the costs to our national security, environment, the impact on our trade deficit, and the impact on healthcare) in the cost of oil or gasoline, consumers would have already demanded over 1 million plug in cars.