GM’S RUN FOR THE 200 MILE CHARGE

GM isn't alone in race to 200-mile electric car; New rumors don’t change my view: GM will have two different plug-in electric car platforms in the next one to three years.

July 28, 2014 (MSN)

“A few days ago, the Internet was again abuzz with rumors about a future electric car from General Motors…[that] would have 200 miles of range, be available by the end of 2016 and be part of the Chevrolet Sonic nameplate…LG has recently said that it will have a battery capable of providing 200 miles of range by 2016. LG is GM's [and other automakers’] current battery supplier…At its core, GM likely has two separate plug-in cars planned for release in the next one to three years: [A] plug-in hybrid to replace the current Chevrolet Volt and Cadillac ELR…[with an electric range of approximately 40 miles, and then a gasoline engine adding normal car range]…Most industry observers think GM is taking close to $8,000 in cost out of the Volt, for this all-new 2.0 model…[T]he second, and far more difficult, electric GM car…would be a 200 mile range pure electric car that could be sold at a profit for as little money as possible…” click here for more

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