GM’s $5,000 price cut on the Chevy Volt seems generous. However, in real-terms (arguably, American) consumers are not going to change their life-styles until gas prices are more in-line with the rest of the OECD, e.g., higher (which is yet another bane of the America’s car-culture-dependence) aside from charging availability / longer battery life / economies of scale, etc.
(Source) Bloomberg: http://goo.gl/1XbOkY