The former vice chairman of General Motors said that he expects EVs to sell between one and two million units a year in the U.S. by 2022. Sure, that's quite a range, but it does put plug-in cars at something between 6 and 16 percent of the expected overall market at that time,
Addressing the students directly, he said, "The future is electric, but gasoline will be around for the foreseeable future. That's a future that, any way you slice it, looks a lot of brighter to me for the folks like you." The future looks bright for the Chevrolet Volt, too, he said. Lutz may have made a recent attack on the right-wing attacks on the Volt, but he now says that even though it is too bad the car has become a "political punching bag," he believes "that too shall pass. The Volt will survive and justifiably become a landmark vehicle."