The Chevrolet Volt will not save General Motors Corp., the U.S. government said Monday in its Viability Summary of GM.
"While the Volt holds promise, it will likely be too expensive to be commercially successful in the short-term," the report said.
The electric car "is currently projected to be much more expensive than its gasoline-fueled peers and will likely need substantial reductions in manufacturing cost in order to become commercially viable."
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