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Volt sales continue to grow

General Motors has been pushing the Volt for well over a year as sales continue to rise and fall depending on the month. In March of 2012, GM suspended production of the Volt due to weak demand. Production of the Volt was started back up in April of 2012, earlier than expected, thanks to an uptick in demand for the extended range electric vehicle.
General Motors has now announced that in June 2012 it sold 1,760 Volts, which is double what it sold in June 2011. So far in 2012 General Motors the sold 8,817 Volts, which adds up to more than three times the 2,745 Volts that it sold in the same period of 2011. In fact, so far in 2012 GM has sold more Volts than in all of 2011. Total Volts sales in 2011 were roughly 7,600 units.
General Motors continues to outsell its closest Japanese rival, the Nissan Leaf by more than 3 to 1. That is no surprise considering the Leaf is a pure electric vehicle whereas the Volt has an onboard generator that allows for a much longer driving distance than the Leaf.
Compared to the Volt, sales of the Nissan Leaf plummeted 69% for June to 535 units. Nissan has only been able to sell 3,418 Leaf EV's so far in 2012, a decline of 19% over the same period 2011.

Nissan maintains that will sell 20,000 Leaf EVs in the US this year, but that seems far-fetched. Nissan would need to sell 2763 Leafs each month for the remainder of the year, which is more of the vehicles than Nissan has sold all year.

Source: Detroit News

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RE: Market and price betterer
By Reclaimer77 on 7/5/2012 7:46:54 PM , Rating: 2
And that's your mistake, comparing the cost of EV cars to hybrids or non EV's. EV's are ALWAYS going to be more expensive than ICE vehicles. The Yaris, are you kidding? Some stripped down bargain basement compact starting at $14k? Nobody could possibly make an EV to compete with that and actually make a profit.

And this goes back to my point. EV's are NOT seen as value buys by the at-large consumer. You'll see people making statements like "if they were cheaper...." or "well I would have to buy two cars...". These are major hurdles to overcome in selling the product.

RE: Market and price betterer
By JediJeb on 7/6/2012 2:11:42 PM , Rating: 2
Actually it is exactly what I am talking about not a mistake. When ICE vehicles first were introduced only the rich could afford them, but once Ford introduced the Model T and almost everyone could afford one then everyone had one. The same will be true with EVs. Eventually EVs will compete in price with a bargain basement compact and then is when we will see them begin to take off.

Anything not seen as a value buy by most consumers will never take over the market, even flat screen TVs were not that popular when they were first introduced. When flat screen TV became less expensive and offered the same or better performance to CRT units they quickly took over the market and CRT units pretty much disappeared overnight. LCD computer monitors were the same way. Cordless phones, cellphones, computers, air travel, and so many other things once considered luxuries or even just good items that were only affordable by the rich soon became common everyday items once almost everyone could afford them and the quality was there.

The statement is still true, that IF anyone wants EVs to take over the auto market, then they must become the best bang for the buck option across the entire market. It is not going to happen in the next few years, but hopefully the technology will continue to progress at a good pace.

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