GM working on 200-mile electric car, executive says
As automakers race to make cheaper electric cars with greater battery range, General Motors is working on one that could travel 200 miles per charge at a cost of about $30,000, a top company executive said.
Vice President of Global Product Development Doug Parks wouldn't say when or whether such a car will be built, however.
GM sells the $35,000 Chevrolet Volt plug-in hybrid, which can travel 38 miles on electricity before a gas-powered generator kicks in. It also offers the all-electric Chevy Spark subcompact that can go 82 miles on a charge. It starts at $26,685. Electric cars are eligible for a $7,500 federal tax credit.
The 200-mile car would cost about the same as the current Volt, and it would match the range and be far cheaper than Tesla Motors' $71,000, all-electric Model S. The Model S can go up to 265 miles on a single charge.
Tesla gets accolades for the Model S, including the highest test score ever recorded by Consumer Reports magazine. And the Palo Alto, Calif., company also is working on a mass-market electric car. CEO Elon Musk has said it will have around a 200-mile range and cost about $35,000. It could go on sales as early as the end of 2016, he has said.