Yowza.
http://money.cnn.com/2009/08/11/autos/volt_mpg/?postversion=2009081108





How much?
ETA
$40,000, w/ tax credit around $32,000
So what is the ROI? Where does this break even for a driver?
Henderson conceded the cost of building a Volt will be expensive, about $40,000 per vehicle. But he said the vehicle will qualify for a $7,500 tax credit, which will reduce the vehicle cost by that amount for consumers.
40k
See, told ya... we're gonna have to bail out Exxon in a couple of years.... ;-)
Sounds like the better option would be to wait a few years and let the cost come down a bit. ;) I imagine the 2015 model could be considerably cheaper.
Very exciting announcement though. I was wondering what those HULU teasers were all about.
Depends on the price of electricity, right? And the environmental cost depends on whether your electric provider generates power through clean means or through filthy coal, like AEP does.
So essentially out of the price range of people who could most benefit from it. I think higher efficiency in vehicles is great and something like this has a place-just not the be all, end all solution I see so many tout.
the gas would go bad long before you could use it if it has a 15 gallon tank.
lifeontwowheels wrote >>
So essentially out of the price range of people who could most benefit from it. I think higher efficiency in vehicles is great and something like this has a place-just not the be all, end all solution I see so many tout.
If they'd simply build the 120mph Segway, we'd all be good. :o)
BTW, I loved the comment from GM about the possibility of subsidizing the vehicle for cost reduction. This is a company that just went through bankruptcy and sold off part of it's brand. And now they are talking about artificially lowering the price of a vehicle that may or may not be a success?
I have to wonder if enough ppl will buy to bring the cost down...
joev wrote >>
Depends on the price of electricity, right? And the environmental cost depends on whether your electric provider generates power through clean means or through filthy coal, like AEP does.
Both true, but even the dirtiest coal-fired power plant still operational is cleaner than the total exhaust of the amount of gasoline-powered cars it could power if those cars were electric instead.
What matters is the net cost/benefit.
Also, if the whole transportation sector went electric, it would mean that upgrading or replacing one power plant would be the equivalent of upgrading tens of thousands of cars at a stroke. Hard to suddenly install pollution-control equipment on that many gasoline-powered cars. With electricity, that concern falls away, since any pollution is generated elsewhere.
lifeontwowheels wrote >>
So essentially out of the price range of people who could most benefit from it. I think higher efficiency in vehicles is great and something like this has a place-just not the be all, end all solution I see so many tout.
The same was true of personal computers when they were first being introduced. Anyone remember the retail price of an Apple IIe?
They got better. And cheaper.
The 2011 Volt may not be all that (if indeed it comes out in 2011 ... this has been a lot of hype and not a lot of prototype for a long time now). However, the 2015 or 2020 Volt may be a heck of a lot better, and Nissan and Toyota are at least looking at that market (and Tesla is already in it as a niche but drool-inducing player). We've got more than enough oil to last us that long.
MEMtransplant wrote >>
See, told ya... we're gonna have to bail out Exxon in a couple of years.... ;-)
Again... a few thousand of these in the US means next to nothing in the global oil economy.
Now... if they were cranking them out for 10k and selling hundreds of millions of them all across the world... maybe we'd be on to something. ;)
CDS sherman wrote >>
the gas would go bad long before you could use it if it has a 15 gallon tank.
Yep. Good point.
We pick up our Honda Fit tonight. Fuel efficient, and cheap (and really cool back seat configurations - especially great for traveling with big dogs). The Fit is to be released in a hybrid by the end of next year -- which should get about 80 MPG -- and be priced around 16K.
The volt is totally cool, though. Been watching info on it for a while. Hope it sells enough to be able to have a more affordable later generation...
ETA - that is if the ever get around to actually releasing it...
side note: Tesla reported their first profit
chrisgillespie wrote >>
CDS sherman wrote >>
the gas would go bad long before you could use it if it has a 15 gallon tank.Yep. We pick up our Honda Fit tonight. Fuel efficient, and cheap (and really cool back seat configurations - especially great for traveling with big dogs). The Fit is to be released in a hybrid by the end of next year -- which should get about 80 MPG -- and be priced around 16K.
The volt is totally cool, though. Been watching info on it for a while. Hope it sells enough to be able to have a more affordable later generation...
Yay! You'll love the Fit. It's a great car.
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