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General Motors working on Tesla Model S competitor

Published by on Sep 22, 2013 in News Leave a comment

Chevrolet Volt

In 1996, General Motors introduced the EV1, the mass produced first electric car manufactured by a large carmaker, but the model was short-lived, because in 1999 the Detroit carmaker decided to pull the plug. However, it seems that the incredible positive feedback received by the Tesla Model S (not to mention the highest NHTSA ratings in history) made GM reconsider its position about electric cars, or at least that’s what The Wall Street Journal says. According to them, the launch date for the upcoming electric car is still unknown and the entire project depends on how will battery technology advance in the near future, because GM aims for a final price of around $30,000, which might be a big challenge, since the Model S sells for as much as three times more.

So far, GM already has an electric model on the North American market, the Chevrolet Spark EV, which has a range of around 90 miles and a starting price of $26,685. But the model WSJ is talking about will be bigger and will offer an increased range, or around 200 miles and will be developed by GM’s recently expanded battery laboratory and testing facility in Warren, Michigan.

But since it might take a while until batteries will be cheap enough to allow GM to make the car, the carmaker’s main “green” product is the Chevrolet Volt plug-in hybrid. GM’s CEO Dan Akerson recently announced that the Volt will get a new generation in 2016 or 2017, whose main highlights will be an increased range in all-electric mode (around 60 miles) and a significantly reduced price.

Source: The Wall Street Journal

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