Monday, March 16, 2009

Could the Volt Jump-Start GM? - washingtonpost.com

Could the Volt Jump-Start GM? - washingtonpost.com: "Honda's Insight LX, a traditional gas-electric hybrid that goes on sale this month, will start at $19,800. Chinese battery manufacturer BYD sells a plug-in for $22,000 and plans to enter the U.S. market in 2011.
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Toyota plans to start testing a plug-in, lithium-ion version of its Prius at the end of this year. Chrysler has created several plug-in electric prototypes. And Ford has announced plans to build a family of electrified vehicles by 2012.

'Consumers are going to have a great choice,' said Jim Lentz, Toyota's top U.S. executive. 'That's what makes it a horse race.'

The Volt was supposed to be a game changer for GM. With it, the beleaguered automaker burdened with the perception that its products are out-of-touch hopes to leapfrog more cautious rivals."

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