While the Chevrolet Volt is still more than one and a half years away from going on sale, General Motors Corp. today said it’s already working on the second and third generations of the electric drive vehicle.
GM has not yet said how much the extended-range electric vehicle, which is slated to hit the market in November 2010, will cost but early estimates have suggested a price in the neighborhood of $40,000.
“This first generation technology is expensive,” Robert Kruse, executive director of GM's global vehicle engineering, hybrids, electric vehicles and batteries, told reporters during a conference call today.
He said the motivation for quick development of the future generation models is to try and reduce the cost and “make it more viable for the mass market,”
Denise Gray, GM’s director of global battery system engineering, said the automaker has been working with a number of battery cell producers to look for ways to cut costs in the next generation vehicles.
“Even at the very smallest levels of components … we’ve been working through different ideas,” she said.
Several factors should make a first-generation Volt a viable business, however, Kruse said. That includes state and federal incentives, along with the relatively lower cost of electric energy compared to petroleum.
What’s more, Kruse noted that advance technology usually becomes less expensive as its usage increases and understanding of the technology grows.
“We’re very bullish on the viability of this technology to meet … mass market needs,” Kruse said.
GM has about 30 test vehicles using Volt technology on the road, he said. This summer, GM plans to have 80 prototype Volts on the road for final testing in what Kruse called “the final engineering phase.”
http://www.freep.com/article/20090318/BUSINESS01/90318086/GM+working+toward+making+future+generations+of+Chevy+Volt+affordableBack in 1983, when I started working for a very huge Japanese electronics firm, CD players hit the market at $995 and our product people were excited that maybe by 1984, they could retail them for $599 if they sold enough of the first generation ONE SPEED CD players. Today, we rely on solid state devices like the IPod to deliver DIGITAL music. And at unbelievablely cheap prices (a 2 GB MP3 player can be bought at Target for $19.95). So for the naysayers, volume means lower cost, and it WILL HAPPEN in spite of all of your efforts to put down AMERICAN ingenuity.