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Chevy Begins Taking Orders for Volt in All 50 States

Price for 2012 model dropped to $39,995.

by on Jun.10, 2011

Chevy begins nationwide sales of the Volt - while also cutting the MSRP of the plug-in by $1,005.

Buyers waiting in places like Georgia and Illinois will now be able to place their orders for a Chevrolet Volt plug-in hybrid – and get rewarded for their wait with a $1,005 price cut.

After initially introducing the Volt in just eight so-called “launch markets,” General Motors is rolling out its high-tech halo car nationwide, reflecting both its confidence in the technology and the imminent increase in Volt production.

Introduced last December as a 2011 model, early adopters had to shell out $41,000 for the Volt, which Chevy prefers to call an extended-range electric vehicle, or E-REV.  (The distinction reflects the fact that Volt’s small inline-four gas engine is designed to primarily serve as a generator, once the batteries run down.  It only occasionally provides direct torque to help turn the wheels.)

Your Workhorse News Source!

The new, $39,995 price tag – which includes destination charges – “is possible in part because of a wider range of options and configurations that come with the expansion of Volt production for sale nationally,” according to a GM release.

A source indicates the maker has also been able to drive down the price it is paying for Volt’s 16 kilowatt-hours of lithium-ion batteries, the single most costly part of the vehicle.


A Less Expensive Chevrolet Volt?

GM says costs are coming down, so it begs the question.

by on Jun.22, 2010

Two high-mileage vehicles, the Chevrolet Volt and the Chevrolet Cruze.

General Motors still has not announced pricing for the Chevrolet Volt, but there are indications that cost might come in lower than originally anticipated.

Micky Bly, director of electric vehicle programs at GM, told an audience at last week’s Green Car Conference that prices for some of the Volt’s key components might be lower than expected.

“We’re seeing significant downward cost pressure on these suppliers,” Bly said. He added that in some cases, the price reductions are about three to five years ahead of GM’s expectations.

Still, to make the Volt and other battery-electric vehicles viable, Bly said the industry needs to do more.

“We have to drive the technology costs down,” Bly said.

No Subsidies!

Prabhakar Patel, CEO of Compact Power, agreed, saying at the conference that the fledgling battery electric vehicle industry should not count on government incentives for more than four to five years.

Already there are signs of a taxpayer revolt. See Ken Zino’s Taxpayers to Subsidize EVs and Charging Stations. (more…)