GM aims for EV with range of 200 miles and cost of $30,000

With Tesla in its sights, GM (GM) is working on an electric car with a range of 200 miles and price of $30,000.

However, while the technology is available, the battery costs are still too high to achieve the plan, company VP Doug Parks said.

Parks' comments come a few days after Volkswagen said it wants to become the largest seller of EVs by 2018. That crown belongs to Nissan at the moment.

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Comments (1)
  • Miro Kefurt
    , contributor
    Comments (847) | Send Message
    Looks like the days for low cost long distance EV that TESLA plans to "eventually" make are numbered.


    But why ?


    The VOLT technology is far more suitable for mass market, than any 200 mile range EV ever will be!


    Why invest time, money and other resources to fight over small sliver of automotive sales pie, especially if you have to pay people to eat it ?


    VOLT in CA is already down to $199 month ZERO down lease for 3 years.


    Will this potential EV go for $99 a month ?


    But wait what will happen 3 years later ???
    17 Sep 2013, 02:19 PM Reply Like
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