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That's because the Ampera costs €43 000+ (that's $57 000+ !!!). WTF? It's insane, the price is almost double that in the US! :twisted:
I don't get.
Then why exactly are we subsidizing 10k of the sticker? If thats the demographic they dont need the subsidy, they ought to be ready to pay a higher price for a ****in status symbol.
The car is not selling well and it really is an expensive **** box.
Electric cars aren't that more environmentally friendly anyway, since where does the electricity come from? Fossil fuels mostly, we need to find another energy source, not just rearrange how we power things.
Electric cars aren't that more environmentally friendly anyway, since where does the electricity come from? Fossil fuels mostly, we need to find another energy source, not just rearrange how we power things.
Cars in Europe generally cost much more than in the US, even European marques. A Golf, for example, starts at $17,995 in the US, but here in Spain it starts at €18,820 ($24,839).
According to reviews, it's the best in upscale midsize cars.
2012 Chevrolet Volt Reviews, Pictures and Prices | U.S. News Best Cars
You're not subsidizing anything. Buyers get a tax credit to help increase sales. Eventually the cars will become cheaper and more affordable. Sooner ir later we're going to need to wean ourselves from oil, and the Volt and cars like it will help.
Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether, according to an analysis by James Hohman, assistant director of fiscal policy at the Mackinac Center for Public Policy.
Hohman looked at total state and federal assistance offered for the development and production of the Chevy Volt, General Motors’ plug-in hybrid electric vehicle. His analysis included 18 government deals that included loans, rebates, grants and tax credits. The amount of government assistance does not include the fact that General Motors is currently 26 percent owned by the federal government. …
GM has estimated they’ve sold 6,000 Volts so far. That would mean each of the 6,000 Volts sold would be subsidized between $50,000 and $250,000, depending on how many government subsidy milestones are realized.
If battery manufacturers awarded incentives to produce batteries the Volt may use are included in the analysis, the potential government subsidy per Volt increases to $256,824. For example, A123 Systems has received extensive state and federal support, and bid to be a supplier to the Volt, but the deal instead went to Compact Power. The $256,824 figure includes adding up the subsidies to both companies.
The $3 billion total subsidy figure includes $690.4 million offered by the state of Michigan and $2.3 billion in federal money. That’s enough to purchase 75,222 Volts with a sticker price of $39,828.
Volt production on hold for 5 weeks | Detroit Free Press | freep.com
Basic laws of supply and demand dictate the demand just isn't there, despite the average gallon of gas today hitting $3.47 per gallon in the U.S. The cost (ie., math) of the Volt just doesn't work out until maybe gas is around $5.00 + a gallon. In a related note, the Detroit Hamtramck plan was visited by the President in 2010, adding to a possible meme that if the President visits, bad things happen. Let's hope the people put out of work by this slow down, are hired back quickly.
49 billion of our tax dollars and this is the best GM can come up with? What a joke. GM should have filed for bankruptcy. Buy a Ford, they didn't take corporatre welfare. In a related story yesterday our president apparently didn't get the memo that GM was shutting down production of the volt. At a UAW fundraiser for him President Obama brought up a sore subject when he talked about the Volt. Said he was going to buy one. What a moron.
Electric cars aren't that more environmentally friendly anyway, since where does the electricity come from? Fossil fuels mostly, we need to find another energy source, not just rearrange how we power things.
As of right now they are only suspending production because the inventory is high. Will they decide to not continue production in 3 months? We will have to see.
And why is inventory high? Because people don't want to buy the over priced unpracticle volt. Only suspending production for three months. Tell that to the families of the furloughed workers. Let them eat ramon noodles. Personally I refuse to buy a vehicle from GM (government motors).
orly?
Gov’t subsidies for Chevy Volt up to $250,000 per car? « Hot Air
Chevy Volt Costing Taxpayers Up to $250K Per Vehicle [Michigan Capitol Confidential]
links embedded in story:
http://www1.eere.energy.gov/recovery/pdfs/battery_awardee_list.pdf 100million
http://www.michigancapitolconfidential.com/archives/fpi/mega/GM-9-23-08-BM.pdf another 100million
http://www.michigancapitolconfidential.com/archives/fpi/mega/Compact_Power-4-14-09-BM.pdf 100 million to the battery supplier
Keep fooling yourself, there is plenty of corporatism involved if its a cause Obama likes. Btw whatever happened to the liberal idea that tax breaks werent ok, you guys seem to hate it when oil is involved.
Then it says it's unlikely to ever receive all the $3 billion it touted in the beginning. Guess that blows his math all to hell.Each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a total of $3 billion altogether
Finally we get down to the meat of the article...coulda...woulda...well, maybe. What a joke of an article.It’s unlikely that all the companies involved in Volt production will ever receive all the $3 billion in incentives, Hohman said
But the analysis looks at the total value that has been offered to the Volt in different aspects of production
Then why exactly are we subsidizing 10k of the sticker? If thats the demographic they dont need the subsidy, they ought to be ready to pay a higher price for a ****in status symbol.
Electric cars aren't that more environmentally friendly anyway, since where does the electricity come from? Fossil fuels mostly, we need to find another energy source, not just rearrange how we power things.
If us tax payers were not subsidizing this so called car they would have sold about three.
Electric cars aren't that more environmentally friendly anyway, since where does the electricity come from? Fossil fuels mostly, we need to find another energy source, not just rearrange how we power things.
Yes, but it's a lot easier to make them greener once they're plugged into the grid. Then it's just a matter of how we generate electricity, rather than designing completely new engine technologies. I think that the transition from gas engines to electric power is a much bigger technological breakthrough than the transition from (for example) inefficient solar panels to slightly more efficient solar panels. You're right that electric cars probably aren't THAT much greener than regular cars right now, but they will be by the time they become mainstream. This is because the cost of solar energy is rapidly falling and will soon approach cost parity with fossil fuels, at least in the sunny parts of the country.
Who gives a **** what U.S.News car "experts" think. When you read real reviews it doesn't even place, sell the snake oil somewhere else.According to reviews, it's the best in upscale midsize cars.
2012 Chevrolet Volt Reviews, Pictures and Prices | U.S. News Best Cars
What about highley toxic lithium batteries? The process of manufacture of millions of cells in itself creates a problem for the enviorment not to mention the disposal issue of said cells.
I also have a problem with wind turbines they are killing thousands of birds of prey. Most every type of alternative enegy has a down side. My crazy sister says the only hope for earth is the extinction of the human race.
The Volt, and just about all other hybrid and electric cars, cost a LOT to own. Sure, they get good gas economy. But how long do the batteries last, before they gotta be replaced? And how hard are those batteries to replace? And how much do they cost? Tally that in with the sale price, which is quite high for these things, and then toss in the fact that you can't really do any of your own maintenance on these types of cars, and what do you get? You get a car that costs as much as a Ferrarri to own. Not to BUY, but to OWN. Cheaper to just buy a BMW diesel...or a Jag, or VW, or Mercedes...all diesels, all with GREAT fuel economy, all with incredibly long service life, and all decent sized, luxury cars. Cept some of the VWs...but hey, I'd take a golf TDI over a Nissan Leaf, or hybrid anything, any day, save a TON of cash on both gas and upkeep, and on sticker price...AND it's faster, more reliable, more fun to drive, better range, and better looking.
I don't know about the Volt but the Prius warranties the battery for 100,000 miles.
Maintenance costs on diesels are pretty high. On the new VW's you have to use the specified synthetic oil to maintain your warranty. Indeed, I would not want to replace a Hybrid battery but the Prius is a good affordable car.
I don't think the idea itself is a bad one... the subsidizing, excessive cost and inability to produce such a vehicle at say $23,000 to $28,000 (28K being fully loaded) is the problem. If that were the cost, the car would sell like hotcakes assuming no major or catastrophic design or mechanical faults existed.
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