General Motors might debut with 60,000 electric cars
Posted by admin on 24 Aug 2007
General Motors might have plans to build 60,000 Volt electric cars in the very first year of their production which is way ahead of Toyota Prius sales for the first year in US. GM declining sales could get some revival with the $30,000 plug-in Volt electric car due to the growing environment awareness and affordable prices.
If the price tag is true then a surge of demand is most likely. There might be lot of barriers which could surface once the car is launched but the launch of GM Volt electric car will be a huge leap in technology.
According to GM product Chief Bob Lutz, the first car Volt electric car will arrive with dealers by 2010. The prototypes might be ready by 2008.
It took Toyota 5 years to sell 60,000 units of Prius. If GM is able to reach the sales target, it would be more then GM’s best selling high mileage car Chevrolet Aveo. GM lost $1.98 in 2006 whereas Toyota earned $14 billion by selling 800,000 units of Prius.
The Volt electric car could be charged in the household outlet. It uses engine to generate electricity which doesn’t drive the wheel but only recharges the battery. Volt’s engine is powered by gasoline, diesel or hydrogen fuel cells. It could go up to 640 miles on a tank of gasoline which is nearly double then conventional gasoline only cars. Existing hybrid cars uses electric motor at start up and lower speeds, and recharges the battery from engine power and friction from braking.
it will be a future concept, i like it
The important thing is the price point. The technology is superior, but still must be affordable. The future looks great for EVs.