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Technology Stocks : The Electric Car, or MPG "what me worry?" -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (344)	9/16/2008 8:50:24 PM
From: John Koligman	Read Replies (1) \| Respond to of 17575

Which makes me wonder what all the hoopla is about at GM... The Japanese makers have been cautious on lithium ion battery technology recently, and who cares about saving $1500 a year if you are going to pay $30,000 over an equivalent gas powered vehicle that gets high 30's mpg on the highway. The base price of a Corvette is currently lower than projections for the Volt. This does nothing as far as 'saving GM' in the short and intermediate term, and will most likely cost them a boatload of cash they really don't have (well, maybe they will, since the Feds are handing over 80B to AIG, what's another 50B for the automakers <ggg>)... Regards, John