Chevy Volt Deathwatch - DOE puts funds on hold

**Danny** · 04-13-2009, 01:43 PM

A new story entry has been added:

Chevy Volt Deathwatch - DOE puts funds on hold

Quote:

The Chevy Volt Deathwatch continues...

**TonyPSchaefer** · 04-13-2009, 03:25 PM

That can't be right. I have coworkers who insist that the Volt is real and will be produced and will save the world.

bredekamp · 04-13-2009, 04:35 PM

Surely if GM dies, the Volt technology will be taken over by someone else. It's too far along to abandon.

morpheusx · 04-13-2009, 07:31 PM

I said a while back that they should have at least 1 Asian and 1 European partner in developing this in order to save research and development costs. And the even sadder part they already had this technology less then 10 years ago.

joe1347 · 04-13-2009, 08:28 PM

$10 Billion for the Volt!!!! Why not instead give a few Billion to Toyota to build Priuses in the USA. Or better yet, why not license the Prius technolgy for $10 Billion and build an Americanized version in the USA at a few of the shuttered GM plants?

hampdenwireless · 04-13-2009, 08:43 PM

10 billion? Tesla developed TWO electric cars for less then one tenth that, and they are already building one of them!

FL_Prius_Driver · 04-13-2009, 11:19 PM

Quote:

Originally Posted by hampdenwireless

10 billion? Tesla developed TWO electric cars for less then one tenth that, and they are already building one of them!

Good point. I had to repeat it to myself.....10 BILLION.

Now it's starting to sink in.

jeffreykb · 04-13-2009, 11:31 PM

Probably 9 billion plus for fuel cell tech...and the rest for EREV (Volt).

ewhanley · 04-13-2009, 11:40 PM

Quote:

Originally Posted by FL_Prius_Driver

Good point. I had to repeat it to myself.....10 BILLION.

Now it's starting to sink in.

That is an absurd amount of cash. I honestly don't see how R & D can possibly cost that much for any car, let alone one that has already been engineered by other companies. Where exactly would all this cash flow go to, I wonder? For reference, ExxonMobil's entire proposed capital budget for 2009 is $29B, and they operate one of the largest companies in the world in one of the most capital intensive industries, so I don't see how developing the Volt could possibly cost $10B.

rfruth · 04-14-2009, 12:11 AM

GM is in deep no doubt about it but the Volt lives on so polish up your jokes

GM-Volt: Chevy Volt Electric Car Site

04-13-2009, 03:25 PM	#2
TonyPSchaefer Your Friendly Moderator Join Date: May 2004 Location: Far-North Chicagoland Posts: 10,503 My Car: 2004 Prius Model: Package: #9 Thanks: 39 Thanked 165 Times in 106 Posts Friends: 23	Re: Chevy Volt Deathwatch - DOE puts funds on hold That can't be right. I have coworkers who insist that the Volt is real and will be produced and will save the world.

04-13-2009, 04:35 PM	#3
bredekamp Senior Member Join Date: Feb 2007 Location: Somerset West, South Africa Posts: 487 My Car: 2006 Prius Model: Package: #6 Touring Thanks: 2 Thanked 1 Time in 1 Post Friends: 0	Re: Chevy Volt Deathwatch - DOE puts funds on hold Surely if GM dies, the Volt technology will be taken over by someone else. It's too far along to abandon.

04-13-2009, 07:31 PM	#4
morpheusx Professor Chaos Join Date: Mar 2007 Location: Akron, OH Posts: 1,506 My Car: 2007 Prius Model: Package: #2 Thanks: 7 Thanked 39 Times in 25 Posts Friends: 3	Re: Chevy Volt Deathwatch - DOE puts funds on hold I said a while back that they should have at least 1 Asian and 1 European partner in developing this in order to save research and development costs. And the even sadder part they already had this technology less then 10 years ago.

04-13-2009, 08:28 PM	#5
joe1347 Senior Member Join Date: Jun 2007 Location: MD Posts: 447 My Car: 2008 Prius Model: Package: #2 Thanks: 2 Thanked 10 Times in 8 Posts Friends: 0	Re: Chevy Volt Deathwatch - DOE puts funds on hold $10 Billion for the Volt!!!! Why not instead give a few Billion to Toyota to build Priuses in the USA. Or better yet, why not license the Prius technolgy for $10 Billion and build an Americanized version in the USA at a few of the shuttered GM plants?

04-13-2009, 08:43 PM	#6
hampdenwireless Senior Member Join Date: Aug 2005 Location: Baltimore MD Posts: 497 My Car: Other Non-Hybrid Model: Package: Thanks: 29 Thanked 24 Times in 20 Posts Friends: 0	Re: Chevy Volt Deathwatch - DOE puts funds on hold 10 billion? Tesla developed TWO electric cars for less then one tenth that, and they are already building one of them!

04-13-2009, 11:31 PM	#8
jeffreykb Member Join Date: Mar 2008 Location: TX Posts: 71 My Car: Other Non-Hybrid Model: Package: N/A Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Re: Chevy Volt Deathwatch - DOE puts funds on hold Probably 9 billion plus for fuel cell tech...and the rest for EREV (Volt).

04-14-2009, 12:11 AM	#10
rfruth Senior Member Join Date: May 2008 Location: Houston, Tx Posts: 344 My Car: Other Hybrid Model: N/A Package: N/A Thanks: 22 Thanked 5 Times in 3 Posts Friends: 23	Re: Chevy Volt Deathwatch - DOE puts funds on hold GM is in deep no doubt about it but the Volt lives on so polish up your jokes GM-Volt: Chevy Volt Electric Car Site

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