Green Heroes: Formula E Subscribe to RSS feed. Follow us on Twitter. Sign up for our newsletter

Awards won by TheGreenCarWebsite.co.uk

The Green Apple Awards 2011 GreenFleet Award

Information

Archive

Does the Chevy Volt still have a future?

Its been one of the most talked about green cars every since its inception, but now the Wall Street Journal is questioning whether the Chevrolet Volt should have a future at all. With General Motors now under predominant Government control, the newspaper has questioned whether the Volt is worth the cash outlay. On one hand, the government is under pressure to increase fuel economy and to produce green cars with wide appeal - something that the Volt seems to achieve with ease. However, with the Government owning 70 per cent of the company after its bankruptcy re-organisation it needs GM to get back into the black as soon as possible and the expensive Volt will not help the company to make money in the short-term. The Journal went as far as to speculate that the Government may consider an increase in tax on gas in the USA in the hope that higher fuel prices will drive up demand for plug-in cars like the Volt and with GM saying it will tie the price of the car to the price of gas when the vehicle is launched next year.

Share this article

Paul Lucas

Filed under: Latest News, Green cars, Chevrolet, General Motors

No comments yet

No comments yet.

Leave a comment

Popular posts

Image: Biofuels: the pros and cons
Image: Hybrid cars: a guide
Image: LPG conversion: a helpful guide
The Green Piece
Available UK charge points for electric vehicles