General Motors has announced a starting price of $41,000 for the Chevrolet Volt, the company’s first move into the nascent market for electric vehicles. Buyers may be eligible for a federal tax credit of up to $7,500. The Volt is advertised to offer “up to 40 miles” of driving on an electric charge with a range extension feature that uses a gasoline generator to provide additional electric power for up to 300 more miles. Read this article for more information.
Bill Gates recently participated in a $23.5 million round of financing for EcoMotors to further develop its Opoc engine technology. The company states that its goal is to demonstrate the automobile industry’s first five passenger car capable of 100 miles per gallon based on the EPA’s highway mileage standard.
Shai Agassi, the founder of Better Place, has come up with a strategy for building infrastructure that he believes will solve the problem of range. Mr. Agassi’s strategy is one that has been discussed here in the past. Better Place plans a two pronged approach that will place recharging stations near parking spots as well as provide “battery exchange” stations where drivers can quickly obtain a fully charged battery when on a longer road trip. Read this article for more details.
As a follow up to yesterday’s comments on the Chevy Volt, here is an interesting Fox Business News video where General Motors Vice Chairman Bob Lutz makes the case for the new vehicle.
General Motors is claiming that the Chevrolet Volt electric vehicle can be expected to achieve 230 miles per gallon when used mostly in city traffic. The Volt is a hybrid vehicle that has a 40 mile range on electric power when the battery is fully charged along with a small internal combustion engine that acts as a range extender for the battery once the 40 mile electric only limit is reached.
Read this article for a brief comparison of the Chevy Volt and BYD e6 electric car.