This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

After the Volt? The Chevy Spark

The Chevy Spark's main electric traction motor will be 85 kW (114 horsepower) and be built close to Baltimore. That's less than the Volt's 111 kW (149 horsepower) motor, and of course it lacks the Volt's generator that can be combined for even greater power and efficiency at higher speeds. As such, the Spark is unlikely to match the Volt's top speed of 100 MPH. Perhaps 90 MPH is more realistic. Hey, at least acceleration is certain to be very strong, as with all of its peers.

Battery Size

The main unanswered question about the Chevy Spark's specs is the size (capacity) of the battery. The two main class benchmarks here are the Nissan LEAF and Ford Focus, at 24 kWh and 23 kWh, respectively. Given that the Spark will most likely be a lighter car, it could do with a smaller battery and still achieve the same range.

However, if GM is smart, they would ensure that the Spark achieves an EPA-certified range of at least 100 miles, as discussed above. That likely means that it must have a battery of at least the same size as the LEAF and Focus. Perhaps something closer to 30 kWh.

A light car such as the Spark should be able to get almost four miles per kWh, so a 30 kWh battery would yield 120 miles, which would be a sweet spot for this car, beating its main competitors in the market today. Let's hope Chevrolet achieves it.

Here is the mystery question for GM: Given the solid experience with the Volt, why isn't this Spark Electric hitting the market one year earlier than it will? It ought to be in the market right now -- not 10 to 16 months from now. The only legitimate excuse must be that it achieves a superior efficiency of meaningfully more miles per kWh than any other similarly sized competitor. If Chevrolet doesn't achieve that target, it is likely to be viewed a failure.

4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
GM $37.61 0.00%
AAPL $126.41 0.00%
FB $81.21 0.00%
GOOG $575.33 0.00%
TSLA $200.63 0.00%


DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs