A BREAKTHROUGH IN AUTOMOTIVE MATERIALS - AUTOLINE AFTER HOURS 171

EV Channels Review

This episode of Autoline After Hours delves into the manufacturing costs of EVs, specifically the Chevrolet Volt, with insights from Sandy Munro. While the Volt is acknowledged for its technological advancements and as a significant experiment, Munro reveals a stark reality: its production cost is estimated to be between $65,000-$70,000 per unit. This figure far exceeds initial estimates and indicates the vehicle is not a money-maker, despite potential sales targets. The discussion highlights the impact of factors like prior bankruptcy, unfulfilled supplier promises, and the lack of volume production on escalating costs. Munro criticizes the narrative that the Volt is profitable, advocating for transparency about its experimental nature. The episode also touches upon broader industry topics, including the potential impact of the 2012 election on the auto sector and the innovative potential of new materials like Covetic aluminum and advanced carbon fiber composites in addressing fuel economy standards.