Tuesday, January 13, 2015

GM fires a Bolt at electric car rivals - FT.com

Also see Charging Ahead in Detroit: Automakers Keep Rolling Out Electric Vehicles (NYT)

"But the Model S, which has a 208-mile range and is Tesla’s cheapest vehicle, costs $74,570, even after the effects of US federal tax rebates for electric vehicles. Many other vehicles on the stand sell for more than $100,000. Consumers face an unpalatable choice between affordable vehicles that offer only a relatively modest performance — such as Nissan’s Leaf, which is small, achieves only 85 miles per charge but costs less than $30,000 after tax rebates — and the premium performance of Tesla, at a premium price. The issue is whether either GM or Tesla — which is planning to introduce a mass-market vehicle known as the Model 3 — can provide the sophisticated batteries and control equipment for a 200-mile range for the $30,000 price tag both are targeting."
GM fires a Bolt at electric car rivals - FT.com
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