I am comparing both vehicles equally. The Volt has an IC engine, batteries, and electric motors. Replace the batteries and motors with IC engine based transaxle and you would be money and energy ahead. But then you would have a standard Malibu, not a half-assed electric car.
I know the difference between a tax rebate and a credit (once again, condescending). This is a rebate. Take from my pocket and give to the Volt buyer. Sen. Stabenow (D-MI) has a bill to give the $7500 rebate to the buyer at the time of sale, instead of waiting until this year's tax refund check. I don't think that happened when people bought the first $100 TI calculator in the 1970's.











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