Behind The Wheel
- Toyota Makes Recall Fix And So Long Saab
- The L.A. Extravaganza: A Test for Auto Shows
- Volt Drive: Great Ride, Interesting Interior and a Friendly Chirp
- Volvo Talks Show New Day Dawning for China
- Starting Car2Go - Smart Move for Daimler
- GM Cuts Losses—Plans Early Loan Repayment
- Ghosn's Bet: 10% of World Will Drive EV's in 10 Years
- Ford, Hyundai, Audi Gaining Interest
- Cadillac Converj Smart Extension of Volt
- Chrysler Makes Smart Call Staying Unplugged—For Now
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- The Executive Job Search
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Salvation Army's Kettles Now Credit Card-Ready
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Hyundai-Kia Targets Rapid China Growth in 2010
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Oil Friday
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- Fannie Mae to Tighten Lending Standards: Report
- Share Trading on London Stock Exchange Resumes
- China Overcapacity Worsening, EU Chamber Warns
- Investing in Good Karma – and Making a Profit
- UK Retail Sales Pick Up in Nov., Strong Dec. Seen
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Wal-Mart Price Pressure Hurts China Workers: Report
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
RSS FEED
Minutes after GM CEO Fritz Henderson announced the new Chevy Volt will get 230 miles per gallon, a friend of mine in the auto industry nudged me and said, "Get ready. The great electric car race is just beginning."
He's right. While the Volt is getting huge amounts of attention here in the U.S., the Nissan Leaf
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Source: nissanusa.com The Nissan Leaf |
The Leaf is pure electric, with no gas engine to assist the electric motor. It's range is 100 miles, about a third of what the Volt is projected to get. But when Nissan plugged the Leaf's data into a formula for electric vehicles, the company calculated the car would get the equivelent of 367 miles per gallon. Take that Volt!
Get used to seeing more triple digit fuel economy ratings as Toyota, Ford, Chrysler, and other niche players start rolling out the electric line-ups over the next 3-4 years. Some will be pure electric models, others will be extended range models with a gas assist, and still others could incorporate fuel cells. Whatever their structure, they all will deliver whopper mileage.
All of this reminds me of what Jay Leno said to me a few years back. He said, "We're on the cusp of a whole new era in autos. It's exciting to see what the car companies are working on."
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Source: chevrolet.com Chevy Volt |
He's right. The technology going into these electric cars has already improved by leaps and bounds in the last two years. By the time the Volt hits showrooms late next year, the next generation of electric cars will be well beyond where we are today.
As my friend said, get ready, the electrics and incredible mileage are coming.
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