Today in Cleantech

News arrived yesterday that GM won’t hit its 2011 sales goal of 10,000 for the Chevy Volt. Add to that was a report that in some safety tests, the car can catch fire 7 days after a side impact collision. Talk about a delayed response. GM has offered to buy back Volts from unhappy customers. This double whammy isn’t great for a car that will be important to the automakers hitting their new fuel efficiency standards. Next year will see more EV rollouts with a Tesla sedan and perhaps finally a car from Fisker. We can’t read too much into these early figures, but it’s certainly raises the question: Are EVs still too expensive and are they only generating interest from cleantech aficionados?

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Adam Lesser

Analyst Gigaom Research

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