Michael Albano, Piper Jaffray.
“The 2016 Volt will be sold in our strongest EREV (extended-range electric vehicle) markets. The 2017 Chevrolet Volt will begin production early this spring and will be available throughout the country.”
Chevrolet spokesman Michael Albano comments on the delay of the Volt in some U.S. markets (we reported). The delay is due to Chevy “trying to get additional content into the car,” he explained.
“If Apple makes a ‘car’ as we know it today, we expect it to be an electric vehicle that is likely priced in the luxury, as in more than 50,000 dollar market.”
Gene Munster analyst Piper Jaffray believes that the iCar is at least five years away, but if it comes, it will be brimming with automation.