Wild Ass Rumor of the Day: Volt Battery = Epic Fail?
Inside sources reiterate what we’ve heard before: the mission critical battery for GM’s plug-in Hail Mary hybrid gas electric Volt is not achieving its performance requirements. Not even close. In fact, we’ve heard that the battery is failing to meet ANY of its targets: range, recharge time, battery life expectancy, cold weather performance, cost, nada. That said, this is a rumor [see: question mark above]. Therefore, we invite representatives of GM to contact TTAC (robertfarago1@gmail.com) to spin the story until we pass out from dizziness—I mean, assure GM’s many stakeholders that mass production of the single most important vehicle in their portfolio—if not the last—will begin on the date promised. Wait, what was that date again?
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If the Volt performs roughly as advertised, they will have no problem selling 10,000 of them at $40K each. You might think someone is foolish for making that decision. It doesn't matter if you think that. There are easily 10,000 people in the country willing to pay a premium to give a big F-U to OPEC, even if you think they could make a better choice doing something else. It doesn't matter what you think. Will there be another 40 thousand the next year? Probably. Costs will need to come down after that.