General Motors vice chairman Bob Lutz recently told several news agencies that he expects GM to lose money on the Chevy Volt. He also said that hybrids and EVs won’t pass a 10% market share before 2020.
“GM will lose money on hybrids,” Lutz said, according to the web site GM-volt.com, as well as several news agencies. “We will continue to build them – they are required by (Corporate Average Fuel Economy regulations) – and the cost will be spread across other cars.”
Lutz told the web site that his comment was aimed at conventional hybrids, pure EVs, and plug-in hybrids, such as the Chevy Volt. He also said that GM plans to build 8,000 to 10,000 Volts by the end of 2011, increasing to as many as 60,000 units per year if the market demands it.
Tesla Motors plans to roll out a “compelling, affordable electric car” that will sell for about half the price of its high-profile Model S by the end of 2016, company chairman Elon Musk said last week.
For industrial control applications, or even a simple assembly line, that machine can go almost 24/7 without a break. But what happens when the task is a little more complex? That’s where the “smart” machine would come in. The smart machine is one that has some simple (or complex in some cases) processing capability to be able to adapt to changing conditions. Such machines are suited for a host of applications, including automotive, aerospace, defense, medical, computers and electronics, telecommunications, consumer goods, and so on. This radio show will show what’s possible with smart machines, and what tradeoffs need to be made to implement such a solution.