GM

In defense of the name “Bolt”

GM confirmed last week that the name of its groundbreaking all-electric vehicle due in 2017 will remain the Chevrolet Bolt, despite many protests across the internet. But I actually like the name, and think it an excellent choice.

When the Chevrolet Bolt EV concept was unveiled at the North American International Auto Show in January, excitement for the affordably priced 200-mile electric car began to build – but not everyone was hyped about the name.

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Hang in there - affordable electric cars are on the way

A new study confirms what EV advocates have been preaching for years: electric car prices will fall to match those of gasoline cars, we just have to be patient.

Electric vehicle supporters probably sound like broken records by now: “Just wait until battery prices come down, then internal combustion cars had better watch out!” Sure, we have been saying something along these lines since electric cars first re-entered the scene with the Tesla Roadster in 2009 and Nissan LEAF and Chevrolet Volt in 2010. But it really is true.

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SHOCKER! Truck Buyers Don’t Really Care About Fuel Economy

Every truck maker in the U.S. has been working on developing new fuel efficient technologies in response to what they see as consumer demand as well as escalating CAFE fuel economy targets. While the race to hit the 30 MPG threshold is hot and heavy, all of these efforts seem to be lacking one key component - consumer interest. Frankly, consumers may say they want better truck fuel economy, but the numbers don’t back this idea up.

Don't believe us that fuel economy isn't the number one buying factor? Here is the proof.

Monthly Truck Sales

One of the tell-tale signs on consumer behavior is monthly truck sales. Historically truck sales rise throughout the year and due to various market conditions. For example, gasoline prices have been often tied to new truck sales. When gasoline prices are low, consumers buy more trucks than when it is high.

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