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I'm a big fan of the Chevy
Volt. I think it's an important step in the right
direction, especially for a company like GM. Still,
I've blogged over-and-over that the Volt was not an
excuse not to build a direct Toyota
Prius-contender.
Ultimately, the lack of small hybrid
cars coming out of GM - there are none - has
perpetually bothered me. Thus, when a web campaign
emerged to 'bailout out GM to save the Volt'. I had to
say no (Bailout
GM to save the Volt: No).
GM's viability, I've believed, had to be about more
than the Volt, especially in the short term, and
President Obama's task force agrees.
"While the Volt holds promise, it will likely be
too expensive to be commercially successful in the
short-term," an
Obama task report said. The electric car "is
currently projected to be much more expensive than its
gasoline-fueled peers and will likely need substantial
reductions in manufacturing cost in order to become
commercially viable."
Labels: bailout, Chevy Volt electric vehicle concept, Hybrid Vehicles, toyota prius
