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Article #1820Re: Who Killed the Electric Car?
From: Paul Hovnanian P.E.
Date: Sat, 17 May 2008 04:11
Date: Sat, 17 May 2008 04:11
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Jeff Liebermann wrote: > > On Sat, 17 May 2008 15:19:06 +0100, Eeyore > <rabbitsfriendsandrelations@hotmail.com> wrote: > >No-one has killed electric cars. They simply died of lack of interest, > >practicality and high cost. > >Graham > > In 1999, GM planned to produce only 465 EV1 cars. There was a 1000+ > unofficial waiting list in case someone changed their mind or GM > decided to increase production. When GM refused to extend the leases, > many EV-1 owners send GM lease payment checks anyway (which GM did not > deposit). When GM discontinued the EV-1 in 2003, the unofficial > waiting list was over 2000+ names. Lack of interest was never a > problem. The EV1 was a research project. The lease payments came nowhere close to the cost of mantaining the vehicles. I doubt GM would have taken on the additional losses. Had they charged tha actual costs of the vehicles, I doubt even the first 400 would have been leased. -- Paul Hovnanian mailto:Paul@Hovnanian.com ------------------------------------------------------------------ Experience is the worst teacher. It always gives the test first and the instruction afterward.
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