GM Working on Its Own Answer to Tesla
Technology is there, but expensive batteries are an issue
By Kevin Spak, Newser User
Posted Sep 17, 2013 10:54 AM CDT
This product image provided by General Motors, shows a 2011 Chevrolet Volt.   (AP Photo/General Motors)

(Newser) – General Motors is working on an electric car with a range of 200 miles, a feat so far matched only by the Tesla Model S, officials tell the Wall Street Journal. And unlike its critically acclaimed competition, the GM model would come with a more affordable $30,000 price tag, less than half what the Model S costs—at least in theory. While GM already has the technology to make the car, batteries are currently too expensive to begin production, a VP explains.

Battery costs have bedeviled all electric car makers. Nissan's Leaf is currently the best-selling electric car, but it can only manage 75 miles on an electrical charge. One chemist estimates that the batteries cost $500 per kilowatt hour, meaning $12,000 or so of the Leaf's $28,000 price is the battery. Tesla says its batteries are far cheaper, but the Model S costs $70,000. Elon Musk has claimed, however, that they'll have a $35,000 version out within four years, and that it "didn't require a miracle."

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Showing 3 of 47 comments
jgarbuz
Sep 20, 2013 9:12 PM CDT
It's unfortunate (or fortunate) that most people are clearly too stupid to understand a brilliant mind like that of Elon Musk. In order to defeat the oil and ICE car industry, he had to have a 3 step program; Step 1; Build an EV that would be the best car in the world that can be faster, better, and safer, and more luxurious than any luxury ICE car in the world. To prove that EV's can beat any other. Elon has done that. Obviously, it had to be expensive. Step 2: Then, build a middle class car for a bigger market in the $30,000 range , which will be out in 2015. And meanwhile, build charging stations too. Step 3: Then finally build a truly mass market EV in the $20,000 or less market, and that will come out before 2020 an will sell in the millions. But that will come as the masses finally flip from ICE to EV thinking. Musk is a genius. Does anyone think he doesn't know what he's doing? Well, most people are too stupid to understand the obvious. That's what separates an Elon Musk from the rest of us.
ppaca
Sep 18, 2013 4:46 PM CDT
" ... the GM model would come with a more affordable $30,000 price tag, less than half what the Model S costs ..." Sure, right now GM (Chevrolet) is selling its Volt for $41,000 with a hefty government subsidy. If it can't sell its hybrid model for $30,000 (who knows how much it really costs to manufacture), how can it sell an all electric vehicle for $30,000 with no subsidy? R&D has a long way to go before GM can do that. Besides, the envirowhackos already know that electric vehicles pollute more than conventionally powered vehicles. This is similar to putting more ethanol in gasoline to reduce pollution. It just ain't so. CO2 "pollution" just further increases with these ridiculous and thoughtless measures to "save" our environment, just as Al Gore stated. When will people do something practical?
Jeff Liu
Sep 17, 2013 11:42 PM CDT
Don't expect much more than the (lifespan of) General Motors EV1.