GM Plans Large Production Run of Volt Extended Range Electric Cars
WASHINGTON - General Motors Corp plans a strong production run for its plug-in Chevy Volt, according to a senior executive on Thursday who also urged Congress to approve tax incentives to help spark demand.
Jon Lauckner, GM vice president for global program management, said the automaker is mindful of the current high costs of battery development but expects the per-vehicle price to drop as the technology improves.
"As volume scales up, you will move down this curve to see better economics going forward. You can't get hung up on the economics of the first unit or the tenth unit," Lauckner told an energy forum at the Competitive Enterprise Institute.
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