[Blogpinion] GM Volt Enthusiast Asks the Government to Turn the Bailout up to Eleven
November 14 2008 / by joelg
Category: Transportation Year: 2008 Rating: 10 Hot
What Happened?
Dr. Lyle J. Dennis today asked readers of his GM-Volt.com enthusiast site to sign a petition asking the Bush Administration to bail out GM. As a public advocate of the electrification of the automobile, Dennis believes without a bailout, GM will die and so will the Volt, not to mention Project Driveway, GM’s fuel cell initiative.
GM has announced the Chevy Volt will ship in 2010 with a price somewhere in the $30,000 dollar range. The big question is whether or not GM will survive long enough to see 2010 and the release of the Volt.
Why This Is Important to the Future of Energy
The first successfully mass marketed electric vehicle will tip the market away from oil and to electricity.
Here at The Energy Roadmap we’ve been talking over Skype about the Volt’s future given the economy. Garry Golden told me, “At the end of the day, they’re likely to tank Chrysler before they tank General Motors if they see it as a much more functional and valuable company.’”
Says Golden, “GM is in the best position to make this leap to electric vehicles,” because of their R&D commitment to these vehicles.
If there’s time.
What to Watch For
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