Dr. Lyle Dennis of GM-Volt.com reported today that Tesla Motors’ CEO Elon Musk is not a fan of the plug-in hybrid concept—specifically the Chevy Volt—saying that it is “neither fish nor fowl and ends up being worse. . .than either a gasoline or pure electric vehicle.”
Just last week, Tesla officially announced their Model S 4-door electric sedan. The Model S has a range of about 300 miles and costs roughly $49,000 after Federal Tax Credits.
In comparison, the Chevy Volt has an estimated total range of about 400 miles—the first 40 miles on battery power and another 360 miles on a full tank (6-7 gallons) of gasoline/E85. The goal price for the Volt is less than $30,000 but initial models could be closer to $40,000.
So which car will consumers actually buy?
Price and convenience will ultimately decide. While the allure of electric cars is strong—we think—the Volt is not as much of a departure from tradition: in a pinch, you can still you still stop at any gas station and fill it up. More simply, it seems that a sub-$30K option is going to be more attractive for the general public.
You can read the rest of Dr. Lyle’s analysis at GM-Volt.com.