Photo: Chevrolet
Earlier this week, GM revealed that the 2014 Chevrolet Volt will be $5,000 cheaper thanks to declining costs, and it seems the automaker will keep its promise and offer a $10,000 cheaper next-generation EV by 2016.
Now, GM boss Dan Akerson said the second-generation EV will arrive with more than just a smaller price tag as the company’s research and development team is working on increasing the Volt’s range with at least 20 percent.
“The next generation we hope to extend that [all-electric range] significantly. For something to be significant to me, I’ve got to get at least a 20-percent improvement in performance. So, if we can get it up to 50-60 miles – or more – we will, but that’s going to be another 3-4 years out. So we’ll watch evolutions,” Akerson told Bloomberg.
Until the next-gen vehicle hits the market, electric car enthusiast will be able to buy the 2014 Chevrolet Volt starting from $34,995 (including handling and destination). Those eligible for federal tax credits can lower the vehicle’s price by up to $7,000, which could mean a $27,495 base sticker.
Story via HybridCars
“The next generation we hope to extend that [all-electric range] significantly. For something to be significant to me, I’ve got to get at least a 20-percent improvement in performance. So, if we can get it up to 50-60 miles – or more – we will, but that’s going to be another 3-4 years out. So we’ll watch evolutions,” Akerson told Bloomberg.
Until the next-gen vehicle hits the market, electric car enthusiast will be able to buy the 2014 Chevrolet Volt starting from $34,995 (including handling and destination). Those eligible for federal tax credits can lower the vehicle’s price by up to $7,000, which could mean a $27,495 base sticker.
Story via HybridCars
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