Yes, it’s triple VBW day at TTAC, thanks to Beth Lowery, GM Vice President, Environment, Energy & Safety Policy. Over at the Fastlane blog, Lowery is proving that the more things change at GM, the more things don’t change. She’s still talking about perception gaps. And here’s the spin re: the Volt’s financial sustainability. [BTW: Whatever happened to GMNext?]
Electric vehicles have high up-front capital requirements. How are you going to make electric vehicles like the Chevy Volt profitably?
Introducing advanced technology is always expensive initially, especially in the early generations. It’s important to have the right incentives for customers, such as federal tax credits. Future generations of the technology will be less expensive, making it possible for us to turn a profit.