Word: volt
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Dates: during 2000-2009
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...mass quantities; Toyota's Rav4 EV, which debuted in 2001, required a separate wall mount for charging. The Tesla Roadster, which first hit the streets in 2006, boasted a sticker price starting at $90,000 each - well out of reach for most consumers. The latest entry, the Chevy Volt, is expected to be released by 2011; however, the Volt is actually a plug-in hybrid with a gas-powered engine that kicks in as a generator to recharge the car's batteries...
...Read "Chevy Volt: GM's Huge Bet on the Electric...
...results: In Burger's experiment, 70% of participants were willing to proceed past the maximum 150-volt jolt level; in the corresponding Milgram experiment, 83% continued. The variance, Burger explains, is not statistically significant...
...crop of autos, including the revived Malibu, is the strongest of the Detroit Three's fleets in North America, but it is still truck-heavy. Globally, GM is expanding in Russia and China; it is a solid performer in Europe and South America. With the advent of the Chevy Volt in 2010, the company will be in a position to lead the industry into hybrid-electric and then fully electric vehicles. "There's enough good product in the pipeline," says MacDuffie. "Judged against the past, it's really impressive...
Here's one example of the challenges that GM faces. It is investing $750 million in the Chevrolet Volt, a range-extended electric vehicle that is supposed to get 40 miles on a charge of electricity. It is a major technological achievement, but analysts figure that the cost of the extra batteries in the Volt will raise its price to around $40,000. Since sales volume will be very small, GM will lose money on every one. Volt will be great for corporate egos but lousy for the bottom line. (See the Top 10 Bailout Measures...