The "Short Circuit" is on track for the bottom. Too bad GM murdered the EV-1.
GM exec claims Volt propulsion system ?too expensive?
?Right now, the propulsion system is too expensive, even with using an existing engine,? GM?s new vice president of global vehicle engineering, Karl Stracke, told Inside Line today regarding the Chevy Volt. Thus, GM is already investigating new engines for the second generation Volt, such as rotary and diesel engines.
In addition to both rotary and diesel engines, GM is also contemplating a 2-cylinder engine.
Of course, when it comes to the Volt?s expensive propulsion system, it is the $10,000 lithium-ion battery pack that hurts most. Along those lines, GM believes battery costs can be cut in half by the 2nd generation Volt.
Still, coupled with a recent story claiming that the Volt?s powertrain will only be used in Volt-sized vehicles, one begins to wonder just how important the Volt really is to GM. Certainly, perhaps one day the Volt might be able to challenge the Toyota Prius in US car sales for instance; however, unlike the Prius, if the Volt?s powertrain cannot be implemented across GM?s product platform can it ever be as viable and profitable as Toyota?s Hybrid Synergy Drive?
Even Stracke seems uncertain. ?The future of the automobile has never been as interesting as it is right now,? said Stracke. ?Big question is, what new propulsion system will come next??