The good news for GM these days is that no one has been consumed in a fiery death due to engine compartment fires since the Chevy Volt was discovered to spontaneous combust after accidents shortly after production began.
The bad news for the company is that while Chevy Volt sales in June set a record, prior to June their sales for 2013 sucked despite general auto sales setting post-crash records.
“With signs that sales of its Chevrolet Volt battery car could be coming unplugged,” reported NBC News in June, “General Motors is offering potential buyers as much #$%$000 in incentives – making it the latest maker to try to cut prices in a bid to boost lagging demand for electric vehicles.”
In June the company reported 2,698 Volts sold thanks to those drastic discounts by GM. In fact, all battery-powered cars have seen deep price cuts due to disappointing sales.
“For the first five months of this year,” said NBC News, “GM has sold only 7,157 of what it prefers to call an extended-range electric vehicle, or E-REV. May sales, in particular, fell 4.3 percent, to 1,607. By comparison, the overall U.S. automotive market was up 8.2 percent for the month. According to a report by Inside EVs, Chevy dealers have more than 9,000 Volts clogging inventories, vehicles they need to clear out before the 2014 models start rolling in.”
On page 996 paragraph 3, sub-paragraph 6/Z in Obomascare is the clause that you are mandated to buy a Volt. If you don't you will be penalized by the IRS the full cost of a Volt. Nobody has read it yet.
A plug-in vehicle requires a battery 10x bigger than required for a hybrid vehicle.
The number of vehicles has gone from two (Chevy Volt and Nissan Leaf), to 12.
Let me repeat this again: the battery requirements for plug-in vehicles is now 50% more than for hybrids, even though the number of vehicles is only 15%.