According to a friend of mine, an Electrical Engineer at GM Proving Grounds, GM is producing the Volt in spite of the battery system not having been invented yet that will make it truly practical. How many Priuses do YOU see on the street, after 8 years? I see a few, but not many.
Wow,really! I guess it all depends where you live. I live in southern california by the beach, near a Northrop Gruman(TRW) facility and after reading this post I went for a 1/2 hr walk and took a personal survey and found about 1 out of 6 cars, drivng by me, in my area were hybrids.
Two Volts are being driven by two top dogs at GM. The Volt being driven by the CEO has a battery made by LG. To save you a lot of time looking for a play there, that LG stock is only available for institutional ownership. Whatever that means.
The Volt is going forward with current battery technology and I know a number of people on the waiting list. They don't see the daily mileage limit as important in their decision. Is your EE friend if he is on the waiting list?
Do you know how much buggy whips cost now? You couldn't afford one. Electric is not the way to go for most people. It is great for comuters, but what if you want to take a trip? What if you need to haul trailer? What if you want air?
Hydogen is better but, it would turn the northern states into a skating rink in the winter. Oil and gas will be around for quite some time.