General Motors
and Nissan are going head-to-head for control of the electric car market. The
Chevrolet Volt retails for approximately $41,000, while the Nissan Leaf comes
in at just under $33,000. The price of the Volt, in particular, was the topic
of intense discussion for some time. Both are eligible for a $7,500 federal tax
credit and a $5,000 state credit is available in California. Leasing will be an
option for both models.
Since the advent of the electric car, price has been a
sticking point with consumers. The aim of both automakers is to produce an
affordable electric model, something heretofore unavailable in the US market.
While the Volt boasts a higher sticker price than the Leaf, it had the
advantage of being a plug-in hybrid. It will run on battery power for the first
40 miles of a trip, then switch to gas to power the electric motor. This allays
another traditional fear that has plagued electric cars: running out of power
when the battery loses juice. By comparison, the Leaf has a range of 100 miles
per charge. As such, experts project the Leaf as more of a commuter vehicle,
while the Volt can be viewed as a primary vehicle. Questions about range give
the Volt a perceived early edge over its Japanese competitor.
Full text of articles:
http://articles.sfgate.com/2010-07-28/business/22000495_1_chevrolet-volt-electric-car-plug-in-cars
http://www.dailyherald.com/article/20101231/business/101239893/
http://venturebeat.com/2010/09/21/focus-turns-to-reusing-electric-car-batteries-for-gm-nissan-and-tesla/
http://articles.sfgate.com/2010-07-28/business/22000495_1_chevrolet-volt-electric-car-plug-in-cars
http://www.dailyherald.com/article/20101231/business/101239893/
http://venturebeat.com/2010/09/21/focus-turns-to-reusing-electric-car-batteries-for-gm-nissan-and-tesla/
Abdulaziz Alhadlaq
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