Actually, was the EV1 mass produced? Was it capable of mass producing? Yeah, Tesla has come out with all-electric sports car, but it ain't cheap nor is it really mass-produced. The beauty of recent/current hybrids is that it is now cheap enough to afford and mass produced in large numbers. Li-ion batteries have just become mainstream enough for this.
35 mpgs + in the 60's...how? By what method was this measurement done? And inflation does add to the price....
I agree with you about diminishing returns as you go up in price for a hybrid. But, the Volt is not exactly bare bones...it has luxury stuff in it along with some high tech stuff. I do think that it is a bit overpriced, but it is the first of its kind...and i am sure that its price will settled down over the next year or two. For example, my Prius is not cheap, but it has luxury and safety features on it (that used to be only on top-of-the line Lexus LS) to justify its asking price. You can't just look at a hybrid and its pricetag and then assume that it is overprice. Don't judge a book by its cover....
How about crash testing a Volt against a 1960 "35mpg+" car? I much rather be in the Volt!
Viewing pleasure:
YouTube - 1959 Chevrolet Bel Air vs. 2009 Chevrolet Malibu crash test