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GM Chevy Volt unplugged for low sales, despite high gas prices

volt11plug091711_optBY BOB HOLT
NEWJERSEYNEWSROOM.COM

Gasoline prices are soaring, but the sales of electric cars are plummeting.

The Detroit Free Press reported that General Motors has temporarily laid off 1,300 employees for five weeks due to an idling in production of the Chevy Volt. The slowdown would take place from March 19 to April 23.

According to the Christian Science Monitor, GM projected sales of 10,000 Volts in 2011 and 60,000 in 2012. When they began producing the model. Instead, they only sold 7,671 in 2011 and 1,626 so far this year.

Chevrolet.com says that the Volt has two sources of energy. The battery lets people drive without using gasoline for an EPA–estimated 35 miles. Also, a gas generator produces electricity so you can gain up to 375 additional miles on a full tank of gas.

Last year the government investigated two Volt batteries that caught fire after crash tests. The Free Press reported that the National Highway Traffic Safety Administration found the Volt to be safe, and GM agreed to improve the car’s structure and battery-coolant system.

Unfortunately, what the electric car saves consumers in gas mileage it loses in sticker price. The Chevy site lists Volt prices as beginning at $31,645, and going over $41,000.

The Volt’s standard 120V charging kit plugs into conventional electrical outlets and fully charges a battery in around 10 hours, depending on the weather. The 240V charging station cuts that charging time down to around four hours.

Mother Nature Network reports that EPA fuel efficiency ratings for the Volt are 40 mpg on the highway and 35 mpg in the city. But shorter trips using all electric increases that rating to 94 MPG.

 
Comments (7)
7 Tuesday, 06 March 2012 02:56
Compare Energy Bills
Hello there, I like your post quite interested. But before proceed I would like to Compare Energy Bills as well.
6 Sunday, 04 March 2012 18:31
Zivota Nikolic
We have develop new technology to be use in new electric cars or eliminate hybrid engine in Volt or any hybrid plug in electric car combination. Our technology is with out help from government. Our patent application is publish on 03/01/2012 and now we can work and drive convrdet electric cars that we own. If you get Volt engin out and instal our, in wheel generators, you going to gain fue hundred pounds less on car. At crusing speed in city or hwy is going to produce plenty electricity to power electro motor at crusing speed and ad plenty to ad to batterys.Our streets and hwy's in average is 50% horizontal 25% up and 25% down. The only more electricity we going to use at crusing speed, then producing is going up. This is going to be avelabel outside of US on new EV in eight to ten mounts in US ???
Same technology we are developing for high speed trains. Specifically build train for producing electricity running 220 mph is gold mine for railroad owners in futers. We have more on our web site at www.tizagroup.com
Our gol is to do this in US frest. Government and big corporation and political games is on way to do so.
5 Sunday, 04 March 2012 18:21
Tburke
When GM 1st had the idea of the volt I was excited. It took 2 years to get it to market. The Prius dominated the hybrid market by then.
It is more expensive than a Prius and gets lower gas milage. As much as I want to "buy American" , GM could not market the car on time, then then they put a huge sticker price on it. The Japanese deserve to own the car market, they know how to market quality cars on time at a low price.
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3 Sunday, 04 March 2012 13:14
Tig Ly
Considering all the tax breaks, subsidies, after spill clean ups, potential terrorism sponsorship, and global warming any technology such as the Volt that is weaning the public away from Big Oil is a good thing. Congress (yeah really, like they will!) should give more tax credits to Volt, and other electric based car buyers to purchase this machinery rather than gas guzzling vehicles. With substantial purchases the expense of such cars, as well as trucks would go down. It's called economies of scale. P.S. Most electric vehicle owners find it cheaper to recharge over time, than refill.
2 Sunday, 04 March 2012 13:03
Robert DeDomenico
It won't sell well in NJ, because residential electricity at about $0.17 per kWh means that even in all electric mode, this car is costing 6 cents a mile in fuel to operate. In gas mode, it costs closer to 10 cents per mile. Many other cars that cost half as much or less can be operated for 10 cents per mile fuel cost. At those fuel costs, an owner can recover about $4,000 per 100,000 miles driven in all electric mode, and would need to rack up 500,000 miles all electric before breaking even on the extra cash forked over on purchase. Even the $7,500 federal subsidy only partially offsets this. Now, if gas went to around $7 per gallon, then the spread would be 14 cents per mile, and after only 150,000 miles or so the difference in purchase price could be recovered. This all depends on electric rates not rising, of course. So, I don't expect Volt sales to rise from the ashes, I expect them to swirl down the toilet.
1 Sunday, 04 March 2012 11:44
Newproduct Scam
If one want to really introduce a new product you would introduce like Texas instrument calculator model .The product does not turn a profit until the 10,000 unit not the ten's unit and trully a chnage from gas fired. The calculator was compitting against a slide ruler or contonaote. The Volt against proven technilogy so what do you compete on ? Price !!!

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