The Automotive Engineer in Chief – our polymathic president – says there will be a million plug-in cars in America by 2015. This will require much higher gasoline prices (perhaps $9 a gallon) and much bigger bribes: GM, which originally was expected to produce as many as 60,000 next year, now says 10,000 for all of North America.
GM says that, battery-powered, the Volt has a 40-mile range. Popular Mechanics says 33. Thomas R. Kuhn, president of the Edison Electric Institute, the trade association of the electric utility industry, is, understandably, a Volt enthusiast: This supposedly “green” vehicle will store electric energy – 10 to 12 hours of charging on household current – produced by coal- and gas-fired power plants.
The federal government, although waist-deep in red ink, offers another bribe: Any purchaser can get a tax credit of up to 50 percent of the cost (up to $2,000) of an extra-powerful (240-volt) charger. California, although so strapped it recently issued IOUs to vendors, offers a $5,000 cash rebate for which Volt buyers are not eligible but purchasers of Nissan’s electric Leaf are. Go figure.