General Motors Volt

Governments’ hugely expensive plans to induce motorists to convert from vehicles driven by fossil fuels to those powered by electricity have become a farce.

In the US only about 3 per cent of people planning to buy a new car would even consider General Motors’ highly-publicized Volt, only a few thousand of which have been sold since it was launched last December. Not surprising, really, considering that even after a federal subsidy of $7,500, the Volt has a sticker price of $41,000 and gets only 56 kms on a single battery charge. [Read more…]