The advanced technology vehicle would have an extended driving range on battery power and would also have a diesel or gasoline engine that could power the car when the battery was low, the Detroit News said, citing unnamed GM officials.
Plug-in hybrids are gas-electric vehicles that can recharge their batteries with an extension cord and a normal wall outlet.
I’m really glad to see this, because I read another article the other day which is so true: “American car buyers get a case of amnesia”:
Who can remember all the way back to last summer, when we had daylight-saving-time, baseball and $3 a gallon gasoline prices?
Not American car buyers, apparently, and you can see the evidence in the results of October auto sales.
Sales of big pickup trucks and SUVs went through the roof – doubling from the year before in some cases. Sales of small, fuel-efficient cars, meanwhile, remained stagnant. It is as if all that moaning and groaning about price gouging by oil companies never happened.
This is a risky statement, but one I’m willing to make: it would do America good for gas prices to stay at $3 a gallon for the next five years. Why? Because this is the only way the auto-buying market will push the industry to make more fuel efficient cars.
As the article states, we get amnesia. As soon as gas prices come down, we fire up the Hummer again.