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The thought came up while reading this ancient blog post about the development of the GM EV1, the pioneering electric car that GM leased but never sold. The post is a response to the rather bitter
Who Killed The Electric Car? documentary, but draws most of its information from the earlier history
The Car That Could, published in 1996. It explains how GM would have lost money on every EV1 it sold, if it sold them for what people were happy to pay:
In 2011 a video entitled
Who Killed the Electric Car? was published. It is a very effective bit of propaganda but quite misleading. The key issue left out was the cost of producing the EV1 electric car. About 1100 EV1 s were produced by General Motors (GM) and leased to selected drivers at a monthly cost of $250 to $500. The drivers thought that this was somewhere near what would be required to cover the cost of producing them. It wasn’t. When the development cost was averaged among those cars their cost was about $340,000 each. Tha