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GM spent over 750 million just on battery development on this POS...and still Wagoner says they will not be able to have a hybrid price compatible with a petrol car until 2016-17.....and I assume that will be after another xxx million is spent on development. Wagoner told Congress the best battery technology is on Korea and Japan so I wonder how far behind GM still is.
GM is 62 billion in debt even before any bridge loan. If the Volt ever sees the light of day as a practically priced car I'll be surprised.
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