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PHOTO CAPTION: Chrysler Town & Country range-extended electric minivan prototype.

GM,Chrysler Promise Electric Cars In Midst of Industry Gloom

Auto industry analysts see GM gaining a bit in credibility, while Chrysler's future remains in doubt.

Published: 17-Jan-2009

DETROIT -- General Motors Corp. and Chrysler LLC, kept in business by $17.4 billion in emergency loans, are showing off electric vehicles at the Detroit auto show that stretch the limits of current technology.

Chrysler is forecasting sales of battery-powered cars exceeding 100,000 a year by 2013 and GM is counting on selling 60,000 of its first such model in the year after it goes on sale in 2010.

“If you’re going to be around, this is the type of thing you have to do,” said Michelle Krebs, senior editor of consumer research company Edmunds.com.

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The company is working with a number of vehicle manufacturers on the development of batteries for hybrid and electric vehicles and expects more announcements like this one to come.

With seating up of four people who use all the large muscle groups, the car can easily cruise at speeds of up to 20 mph.

ZAP is hoping to keep the MSRP at $30,000 for the Alias three-wheeler pictured here.

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