Posted by Germ on December 04, 2010 at 04:30:13 from (64.12.116.74):
In Reply to: Re: Government VOLT posted by MarkB_MI on December 04, 2010 at 02:58:31:
I understand that. I guess my subtle point was that GM is losing $8 grand on the Volt and the government is kicking in another $7 grand in subsidies. That's $15 grand they (us taxpayers) are paying someone to buy the car. It's bad business for a company that has a history of losing money and is trying to come out of bankruptcy. If GM had billions of their own cash sitting around to use for R&D on an electric car, then their investment might be worhtwhile.
Toss in $15 grand for batteries every 8 years and just how many of these will be on the road after 8 years? It just doesn't make economic sense. How many Vots will be on the road in 15 years as compared to gas models? I just think this is another case of "Going Green" that is more costly financially and resource wise than can be justified.
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