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The optimism that accompanied the rollout of the Chevy Volt and Nissan Leaf has given way to economic reality.  People want to do the environmentally responsible thing but only if it doesn’t cost them any money.  The Volt and Leaf were supposed to kick start true mainstream adoption of electric vehicles.  While no one is declaring the movement dead it’s in hibernation for at least the next 5 weeks as GM has halted production on the Volt because disappointing sales has left it with more cars than it can sell at the moment.

 

Despite cheap electricity rates, high gas prices, and electric vehicle tax credits there still doesn’t seem to be enough of an economic incentive to drive sales of the Volt.  According to the Wall Street Journal even after the $7,500 tax credit it still takes about 12 years of gas free driving to offset the premium consumers pay for the Volt.

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