I do suspect the price of kilowatt hours to remain stable in the coming years (unlike oil) so there is some reason to believe electric cars DO/CAN make (cents) sense.
About 20 years ago, I read an article in one of the news magazines (probably in US NEWS & WORLD REPORT) that stated one of the reasons cars made in the US cost more than foreign made vehicles was the labor cost. The article shocked me when it suggested that employees doing basically unskilled tasks like installing bumpers all day long were getting $56 per hour (factored in the perks) and the job required no higher than a GED. The article also stated Union employees were granted a slew of breaks during their shift. The article said cars could in essence be "log jammed" on the assembly line while the employee was off on a break reading magazines. God only knows what these Union people make in the year 2008, because the article I read was about two decades ago.I am in shock at the cost of autos today. Or is chevy going to be realistic with a great product at an affordable price?
I find it amazing that Europe has been producing fuel efficient cars for years. We just woke up... and are now playing catch up. We are bombarded on TV with ads of autos getting 30mpg....what a joke! No wonder the auto industry is in the toilet! Wake up guys!
My original question was posted 7-21. In looking at this link you provided, it suggests the info was put out by GM or Lyle TODAY, 8-5. So what is the hollering about? My question was NOT mis-information. Did I or anybody else state what the projection was for battery life in the Volt? No, I asked if batteries were going to last more than 4 to 5 years.Doesn't anybody read what Lyle posts in his blog? Info straight from GM? This car is having a tough enough time making it to market without us starting mis information about it. Here read up: http://gm-volt.com/2008/08/05/gm-says-chevy-volt-battery-will-have-a-10-year-150000-mile-warranty/