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Next Generation Chevy Volt may be Less Expensive

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author photo by Autotrader February 2011

When it comes to plug-in electric vehicles, the Chevrolet Volt feels like a car that offers a little something extra when compared to other EVs, it also costs a little more. Still, the dual display screens and glossy plastic center dash area come across more like a drivable iPod than an environmentally friendly sedan, and for some, the techy appeal of the Volt is more important that it’s eco-credentials. The on-board range extending gasoline engine is something that’s unique to the Volt as well. Certainly, the Volt’s price is driven primarily by the technology that has been developed specifically for the car.

Robert Peterson, Communications Manager for the Volt says “Advanced technology is always costly to develop. However, as more Chevrolet and GM vehicles begin using some of the technologies developed for the Volt, the cost for all GM’s electrified vehicles will naturally come down.”  One such car is the 2012 Buick LaCrosse eAssist. eAssist is just a fancy way of saying “Buick LaCrosse Hybrid.” The Buick’s regenerative braking system, lithium-ion batteries and 15 kW electric motor will certainly borrow parts and technology from the Volt. An eAssist LaCrosse is expected to start at around $30,000, so some GM customers will reap the rewards of affordable high tech even if they never buy a Volt.

But Peterson cautions, “We’re not planning a stripped down version of the Volt. We think the current car offers exactly what buyers expect given the price.” There is some truth to that, the Volt’s look and feel is clearly a step or two above a basic economy car -- something many EV buyers will likely appreciate given the Volt’s $350 per month lease option or $41,000 sticker price. However, as the price of materials and production goes down, expect the price of cars like the Chevrolet Volt to come down as well.

This image is a stock photo and is not an exact representation of any vehicle offered for sale. Advertised vehicles of this model may have styling, trim levels, colors and optional equipment that differ from the stock photo.
Next Generation Chevy Volt may be Less Expensive - Autotrader