How much would you pay for a Chevy Volt?
Worth more than $50,000?When GM launches the Chevy Volt plug-in in 2010, it isn't going to be an economy car. In fact, it will probably launch as some sort of luxury model, but that isn't why people will be interested in the Volt.
Up to 40 miles on pure electricity with the ability to use gasoline or, potentially, some other liquid fuel, to extend the range of this vehicle further than most conventional vehicles makes the Volt, in theory, highly coveted. Ultimately, the Chevy Volt and other possible plug-in hybrid vehicles are "game changers" as GM's Bob Lutz often calls the Volt and the E Flex Drive upon which the Volt will be produced. Finish....
Labels: chevy volt hybrid, plug-in hybrid vehicles
posted by Dahcredyns @ 7:16 PM
2 comments
2 Comments:
I would not pay $50K for a Chevy Volt unless $25K were paid for via state and federal credits of some sort. I would also expect the price of a Volt to be a lot less than it's current planned $30K if the batteries are leased.
I think the $30,000 number is after economies of scale kick in. At first, I'd almost guarantee that production costs will keep the Volt price wll over $30,000. Of course incentives might knock off a chunk of that cost. And, even if you do lease the batteries, the batteries are still EXTREMELY expensive. A lease could, possibly, reduce those costs as automakers could find some kind of after-car-life for the batteries that might reduce their long term costs.
Nonetheless, how cheap can you make a lease on a $20,000 battery?
If GM could, however, keep the cost to around $30,000, it would take years just to catch up to demand.
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