The Volt is back in the headlines. No, I have no new reports of exploding batteries and Volts catching on fire. This time it is all about GM losing a significant chunk of change on each Volt sold. To be exact, GM is losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts. (Definitely business model that one would not want to replicate. However, then again, I am talking about Government Motors.) But, take heed because our military has come to its rescue. The Pentagon is buying Chevrolet Volts to help “green up” the military. No kidding, I just can not make stuff like this up. As a matter of fact, the Department of Defense's goal is to purchase 1,500 such green vehicles.
Now, GM has spent nearly $1.2 billion developing the Volt and is still working out kinks, such as the Volt’s tendency to electrocute firefighters and first responders to accidents. However, the Department of Defense has been directly involved in assisting GM, helping to test the Volt’s battery safety and capabilities with the use of our military forces. God bless and protect (out of harm's way) our military, which now takes on a whole new meaning.
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