A very astute observation:
" No product to this point in history has become successful by intially selling an inferior product at a premium price in the hopes that it will eventually be as good as what was already available--I wouldn't bet on the Volt becoming the first."
Otherwise the current news after Obama drove 10 feet the Volt, that it will be selling fot 41K dollars...A criticism from Slate:
"How rarefied is the electric-car demographic? When Deloitte Consulting interviewed industry experts and 2,000 potential buyers, it found that from now until 2020, only "young, very high income individuals"—those from households making more than $200,000 a year—would even be interested in plug-in hybrids or all-electric cars. This "small number" of people will provide "nowhere near the volume needed for mass adoption." They will be concentrated in Southern California, where weather, state regulations, and infrastructure are all favorable to electric vehicles—"adoption is already being popularized by high-profile celebrities."
Eventually, Deloitte argues, a somewhat wider market may emerge: 1.3 million people with annual household incomes above $114,000 (double the national median). Of these, however, many will not actually buy, because of the electrics' shortcomings in size, range, and comfort. "For E.V.s to become popular, they must mimic the experience and performance that drivers have become accustomed to," Deloitte notes. Today's models, and those of the foreseeable future, can't do that.
Annual sales will hit no more than 465,000 by 2020, according to Deloitte—a mere rounding error in a 250-million-car national fleet. This projection is consistent with others by Boston Consulting Group, Resources for the Future, PriceWaterhouseCoopers, and Honda Motor Corp., whose head of research and development recently declared that "we lack confidence" in the electric-vehicle business."
http://www.slate.com/id/2262229/
read the comment section for personal experiences with EVs....