Quote:
Originally Posted by Ryland
Apparently the same person who did the study that came up with the $250,000 figure has been back pedaling because his own figures were not really adding up and it sounds like using that same guys figures the “per-unit real cost” is $81,000 and dropping with each car built.
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This is all just bad math.. a nice article at the street and
and greecarreports
Google if-you-want-to-attack-the-volt-try-to-get-your-math-right
Here are some highlights
inator problem
As Wahlman notes, the egregious flaw in this calculation is "the denominator problem"--to what base of cars do you apply the analysis?
2011 Chevrolet Volt Production Line
Dividing the number of Volts sold to date (6,468 as of November 30) into the total incentives that apply to all Volts past, present, and future is either dopey or intellectually dishonest.
You could as easily say that on December 15 last year, the day the first Volt was delivered to a retail buyer, it carried a stunning, incredible, unconscionable $1.5 BILLION in subsidies. You'd be doing the same thing: dividing by the number of Volts sold, or 1.
More reasonably, fast-forward to the end of next year, by which time the two-year total of Volt sales is likely to be about 60,000. The number plummets to $25,000. And so on.
Actual number: $25
Wahlman instead divides the supposed $1.5 billion in incentives by a projected total of 60 million cars over the next 25 years that will use elements of the Voltec range-extended electric drive technology in today's Volt. That calculation puts the amount at, ummm, $25. Or a dollar a year.
Slightly different, eh?
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