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GM Cornered Into Defending the Volt
Al notes a story in Technology Review reporting on a CMU study (now over a month old) claiming that the Volt doesn't make economic sense, and GM's response. The study suggests that hybrids with large batteries offering up to 40 miles of range before an on-board generator kicks in simply cost too much for the gas savings to work out (PDF). Al writes: "Unsurprisingly, GM disputes the claims, saying 'Our battery team is already starting work on new concepts that will further decrease the cost of the Volt battery pack quite substantially in a second-generation Volt pack.' Interestingly, however, GM admits that the tax credits for plug-in hybrids will be crucial to making the volt successful. Without those credits, would an electric vehicle like the Volt be viable?"
Considering that GM is surviving on taxpayer money right now, and is begging for more, I don't see how GM has any credibility on determining if anything makes Economic Sense. Maybe the Green Movement can buy the technology off GM, and produce the car themselves. Let's see if that is successful.
"...cost(s) too much for the gas savings"
Depends on the price of gas? Here in the UK we pay approx 0.90 GBP for a litre, = 0.90 x 1.42 (Pounds to Dollars) x 3.785 (Litres to US gallons) = 4.84 US dollars a gallon.
This is much less than a few months ago when gas here reached close to 1.20 GBP a litre and with the pound being stronger at that time it was over 8 dollars a US gallon.
Would you consider a gas/electric hybrid if gas was 8 dollars a gallon in the USA?
How can it make economic sense? I'd much rather have a VW Sharan that gets 7 and still gets 40+ to the gallon. Why on earth are we trying to build electric cars that make no sense instead of using cheap, proven turbo-diesel technologies? Why can't I buy a car that will ride 7 and get 40+ to the gallon in the US? I'm baffled...
apt-get install redhat please god - Me (take it easy, I love Debian)
It doesn't make sense, right now. Right this second. But last time I checked they didn't have it in any showrooms yet, so that point is moot. Just because a global economic meltdown happened that made driving a gas-guzzling GM make sense for approx 6-12 more months, doesn't mean GM should bet the future of its company on gas prices staying low. That's basically what they've been doing. If gas prices stay low it will be because the economy is horrible, and GM will go out of business because no one buys their trucks. If gas prices rise GM will go out of business because they still don't build vehicles that anyone will want to buy at $6/gallon of gas.
The Volt is the ONLY thing GM is doing that makes the tiniest bit of sense. For goodness sakes, they released a passenger car hybrid that costs about the same as a prius, but gets about the same gas mileage as a minivan.
I don't see that anybody on the GM board has anything to do with an oil company. Perhaps you can tell me more specifically whom you are talking about? (Or is your remark just uninformed rhetoric?)
What the hell does that mean? GM doesn't have oil company representatives on their board. If you'd like to see, I suggest you Google search GM's board and check out the board member bios.
Also, if oil companies are stopping GM from bringing electric cars to market, then how do you explain GM betting the ranch on the Volt? Wouldn't GM have *accepted* this argument that electric cars don't make sense, rather than defend their electric car project?
But hey, didn't stop this post from being modded to 5. I guess any paranoia about oil companies automatically gets modded up...
I've seen terrorists kill people. So far, I've seen no one die from Global Warming.
Yes, we know people are terrible at risk assessment and balancing immediate risk against long-term risk. You don't have to show it off.