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GM Aims for an Affordable EV with 200-Mile Range
General Motors Co. hopes to produce a $30,000 electric car that can go 200 miles per charge, eventually.
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General Motors Co. hopes to produce a $30,000 electric car that can go 200 miles per charge, eventually. The company says the range which would be comparable to that of Tesla Motor Inc.'s $69,900 Model S sedan isn't difficult.
But hitting GM's cost target at the same time isn't yet possible, concedes Doug Parks, vice president for global product programs. He doesn't say when or how GM can achieve that goal.
Still, GM hopes by 2017 to be building at least 500,000 vehicles annually with some form of electrification. That group would include vehicles like the Chevrolet Volt and its range-extending hybrid powertrain, the all-electric Chevy Spark and conventionally powered vehicles fitted with the company's eAssist "mild" hybrid system.
Parks notes that GM also may produce an array of costlier electrified vehicles, such as the upcoming Cadillac ELR extended-range hybrid, which is expected to carry a retail price of about $100,000.
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