User 169775

Will GM's Volt Change History?

Problem is, the best-laid plans of mice and GM will go awry when Toyota throws a monkey wrench into the works...

Toyota will be introducing a later version of its 3rd Generation Prius at around the same time, also to be powered by a Lion battery pack which can also give the Prius a 40-mile pure-electric range, just like the Volt. And it is expected to cost about $30,000. That's $10,000 less than the Volt.

When the average head of household is given a choice between the two cars with similar capability but $10,000 difference in price, it makes for a HUGE monkey wrench in GM's plans.

That's what happens when you give your rival a 10-year head-start in developing HEV/PHEV technology. :-P