When did GM (General Motors) begin producing the EV1 and why did they stop production?
bocateacher322 Teacher Middle School The EV1 was the first modern production electric vehicle from a major automaker and also the first purpose-built electric car produced by General Motors (GM) in the United States. GM never offered the EV1 for public sale. It was only available to consumers under a lease program that had a “no purchase” clause disallowing the vehicle’s re-purchase at the conclusion of the lease. 660 Generation One EV1s were produced for the 1997 model year, using lead acid batteries. In late 2003, GM officially canceled the EV1 program.GM stated that it could not sell enough of the cars to make the EV1 profitable. This, combined with the fact that their parts and service infrastructure costs required to maintain the existing EV1’s for the state legislated minimum of 15 years, would mean the existing leases would not be renewed and all of the cars would all have to be returned to GM’s possession. According to GM Chairman and CEO Rick Wagoner, his worst decision of his
