http://www.reuters.com/article/gm-bolt-idUSL1N1D51Z2
General Motors Co is ramping up production of Chevrolet Bolt electric cars at a factory north of Detroit and is on track to start delivering vehicles as promised by the end of the year, company officials said on Friday.
Barring a last-minute stumble, GM will be first to offer an electric car with more than 200 miles of driving range at a starting price of less than $40,000 before tax credits. Silicon Valley electric car maker Tesla has said its entry in this new market segment, the Model 3, will launch next year.
Also at Business Insider and ABC.
(Score: 2) by Phoenix666 on Tuesday November 08 2016, @12:47AM
Great article, that affirms things I saw a couple years ago about renewables chopping off the positive side of the utility profit curve. Don't you love how one of the ways the utilities are trying to cope is "by working on the consumer level to implement services like home automation?" I think they'll find that that will never help them as much as the vampire load of dumb appliances has. But it does rather indicate that one thing they ought to be doing is whatever they can to push people to switch to EVs. That way they can cannibalize the oil industry's profits in a bid to save their own. Bet it would, too.
Washington DC delenda est.