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GM expects Volt to cost less than $30,000

 
7 1,106 views May 24, 2008

gmchevyvolt01 1

GM expects Volt to cost less than $30,000

GM expects Volt to cost less than $30,000

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With the announcement last week initial prototypes for the upcoming Chevrolet Volt plug-in hybrid have already met their target of 40 miles of electric-only driving, GM CEO Rick Wagoner is confident the car could be released earlier than first predicted and has told German media that it could even cost less than $30,000.

Speaking with Frankfurter Allgemeine Zeitung, Wagoner said GM is aiming to launch the Volt by early 2010 and hopefully beat Toyota to become the first major carmaker with a volume plug-in hybrid for sale.

A price of less than $30,000 should see the Volt reach its production goals of 60,000 annual units and may even put to bed the rumors of a possible battery-rental scheme that GM was previously considering - although the scheme hasn't been completely ruled out yet.

GM is hoping that the new Chevy Volt will be its comeback car, its reclamation of power over its Japanese rivals who are winning the minds - and wallets - of Americans in light of the weak economy and high fuel prices, and with a sub $30,000 price tag it may just do that.
2007 Chevrolet Volt plug-in hybrid concept

HI-RES GALLERY: gmchevyvolt01 1




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Comments (7)

  1. By chris Posted: 5/24/2008 8:52am PDT

    wow... now there's news. ordinary pricing for an extraordinary car
     
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  2. By bambam Posted: 5/24/2008 10:46am PDT

    yep its ordinary car performance, but today's tech.
    unlike the current A to B cars.
    you can't drive them and they won't last the distance either.
    It feels alright to refuel the twin turbo's every week but not the standard A to B thing.
    I don't know why I'm at the fuel station with my camry, every day.
     
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  3. By Gus Posted: 5/24/2008 11:41am PDT

    bambam, if you are at the pump every day, you live too far from work...

    But at $30,000, is this car going to be a loss for GM?
     
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  4. By amac Posted: 5/24/2008 12:37pm PDT

    Sorry folks, but this car is fugly,,, and what's up with those windows?
     
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  5. By InkMaster Posted: 5/24/2008 2:06pm PDT

    amac, in case you're new here I'll fill you in, what you're looking at is the concept from a year or two back, At this moment GM still didn't release any photos of how the final product will you except for one teaser. So there you have it... maybe they'll show it this year, maybe not, who knows...
     
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  6. By Gus Posted: 5/24/2008 9:18pm PDT

    Well, the Prius looks like a Hobbbit had sex with a dustbuster, so this is a big improvement for an eco-symbol...
     
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  7. By chris Posted: 5/26/2008 8:42am PDT

    LOL GUS

    yeah, amac, this is the concept and its going to be very different from this. the teaser is very aerodynamic looking,.. expect something to be bubbly like the camry, but sleek and stylish like the new malibu.

    the concept is "ugly" because the concept was for the technology, not the design. the uglier the technology concept, the better, because people will tell their friends "LOOK AT THAT... HAHAHAHA... oh.. it goes 40 miles on electricity? yeah.. ok nevermind"
     
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