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Thread: GM puts Volt engine plant on hold to conserve cash

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Iriemon View Post
    With gas at less than $2/gal, and the economy weak, how many customers would be willing to pay a significantly higher price for a vehicle that gets more miles to the gallon?
    And how long do you expect gas to remain at $2/gal?

    You are also forgetting one thing, if you drive less than 40 miles per day, you pay NOTHING on gas, it is all electric and the electric used is domestic, not foreign.

    I already have 3/4 the cash I think they will charge for it and will buy it when I have the rest saved which should be in about 2 years and know many others that plan to buy it when it comes out.

    You can keep your all gas cars.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by TheNextEra View Post
    And how long do you expect gas to remain at $2/gal?

    You are also forgetting one thing, if you drive less than 40 miles per day, you pay NOTHING on gas, it is all electric and the electric used is domestic, not foreign.

    I already have 3/4 the cash I think they will charge for it and will buy it when I have the rest saved which should be in about 2 years and know many others that plan to buy it when it comes out.

    You can keep your all gas cars.
    As soon as you get one, you'd better start saving up for new batteries. I understand they must be replaced every few years, just like all batteries. I heard that to buy new ones and dispose of the old ones, it'll cost you thousands of dollars.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Gill View Post
    As soon as you get one, you'd better start saving up for new batteries. I understand they must be replaced every few years, just like all batteries. I heard that to buy new ones and dispose of the old ones, it'll cost you thousands of dollars.
    The batteries can last over 10 years if charged once per day or about 10 years normal use.

    The technology has significantly increased with batteries. I think you need to look into it more.

    10 years ago you would be correct.

    Some info for you on batteries.

    By law, electric car batteries must last 120,000 miles (or the real reason behind GM's battery leasing plans?) - AutoblogGreen

    FAQ on Honda Civic Hybrid Petrol Electric Car

    EV batteries demonstrate 180,000-plus mile lifespan
    Last edited by TheNextEra; 12-18-08 at 12:59 PM.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by TheNextEra View Post
    And how long do you expect gas to remain at $2/gal?
    What I think is irrelevant. It's what the market thinks.

    You are also forgetting one thing, if you drive less than 40 miles per day, you pay NOTHING on gas, it is all electric and the electric used is domestic, not foreign.
    At $2/gal with a car that gets 30mpg, that's $3 a day. How many days is that for a car that is expected to cost what, $10k more than its gas engine equivalent?

    I already have 3/4 the cash I think they will charge for it and will buy it when I have the rest saved which should be in about 2 years and know many others that plan to buy it when it comes out.

    You can keep your all gas cars.
    The question is how many others think the same way.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by TheNextEra View Post
    The batteries can last over 30 years if charged once per day.

    The technology has significantly increased with batteries. I think you need to look into it more.

    10 years ago you would be correct.
    None of the rechargeable batteries I own last more than a couple of years and I own lot's of them. They may actually still "work", but they won't hold charges for any length of time, so they are practically worthless.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Iriemon View Post
    What I think is irrelevant. It's what the market thinks.
    Well you can gamble with foreign countries that control oil all you want, I won't have to in a few years as much as I do now.

    Quote Originally Posted by Iriemon View Post
    At $2/gal with a car that gets 30mpg, that's $3 a day. How many days is that for a car that is expected to cost what, $10k more than its gas engine equivalent?
    Again, you are looking at it per year, I am looking at it that gas is going to skyrocket again and am planning on it accordingly. Also with the volt you are able to get a rebate from the government.

    Quote Originally Posted by Iriemon View Post
    The question is how many others think the same way.
    Hey if people want to remain ignorant and reliant on foreign oil as their primary fuel, that's up to them.

    Me I will take my chance on Using American Energy as my primary source, not Foreign.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Gill View Post
    None of the rechargeable batteries I own last more than a couple of years and I own lot's of them. They may actually still "work", but they won't hold charges for any length of time, so they are practically worthless.
    Your rechargeable batteries aren't using the same technology nor are their uses for the same time they are looking for car usage.

    Different technology, different cost, different life usage. You are comparing apples to oranges here.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by TheNextEra View Post
    Your rechargeable batteries aren't using the same technology nor are their uses for the same time they are looking for car usage.

    Different technology, different cost, different life usage. You are comparing apples to oranges here.
    It's not that different. Battery packs are only warranted for 80,000 miles and cost around $2,300. to replace.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by Gill View Post
    It's not that different. Battery packs are only warranted for 80,000 miles and cost around $2,300. to replace.
    LOL you don't think the technology is different from your batteries that last a few years to a car battery that can last over 10?

    Sorry don't agree there.

    Warranties are guarantees that the product will last a certain time and not guarantees that it won't last longer. You act like once 80K hits the battery fails. That is not the case, testing has proven the life of these batteries to be a lot longer. That is not even including state regulations on battery leasing options to make sure you get 120K plus miles on the car.

    I'll take my chance on that rather than supporting foreign countries fully for my fuel source. But hey you do what you want. If you want to support OPEC fully, be my guest.

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    Re: GM puts Volt engine plant on hold to conserve cash

    Quote Originally Posted by TheNextEra View Post
    LOL you don't think the technology is different from your batteries that last a few years to a car battery that can last over 10?

    Sorry don't agree there.

    Warranties are guarantees that the product will last a certain time and not guarantees that it won't last longer. You act like once 80K hits the battery fails. That is not the case, testing has proven the life of these batteries to be a lot longer. That is not even including state regulations on battery leasing options to make sure you get 120K plus miles on the car.

    I'll take my chance on that rather than supporting foreign countries fully for my fuel source. But hey you do what you want. If you want to support OPEC fully, be my guest.
    I wouldn't consider an electric car any way, at least not until they improve dramatically. I couldn't get to work and back on a charge.

    • "The America Republic will endure until the day Congress discovers that it can bribe the public with the public's money." -- Alexis de Tocqueville





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