As for the EV1, I'm not surprised they killed it as it was way ahead of its time and thus not cost effective.
One industry official said that each EV1 cost the company about US$80,000, including research, development and other associated costs; other estimates placed the vehicle's actual cost as high as $100,000.
http://en.wikipedia....ccess_vs._failure
As for better, that is subjective. Sure it went 2-3 times farther than the Volt does on battery, but once you hit the limit you have to stop and recharge. With a Volt I'd be on battery for vast majority of my driving, but still be able to take a road trip to visit family in Corpus Christ or San Antonio w/out having to stop once(cc)/twice(sa) adding 2/4 hours to a 3/4 hour trip. Increasing the time of a short trip 50% -100% isn't better in my book.