Wednesday, September 17, 2008

Could Plug In Cars Save GM?

With the revelation of the Chevy Volt, maybe, just maybe.

Right now, my morning and afternoon commute is a combined 22 miles. In theory, I could use the Volt and its 40 mile battery range comfortably. With gas approaching $4 a gallon, this would be great. The only thing I haven't seen is price point on the car.

Update: More on Volt here, including a $35,000-$40,000 price tag and expected first year production of 10,000 or so. I would expect the price to go down as more cars are produced, but that is still a steep price for what is a compact car. GM will sell its first production run without any problem, but for a consumer like me, the premium on price is a little steep.

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