$50,000
a Volt?
Editor's Note -- This article was written back in 2008, but still serves great historical perspective regarding Chevy Volt costs.
I'm a big fan of the Chevy Volt. I think it will be a
fantastic piece of automotive technology when it
debuts in 2010/2011, but it won't be a Toyota
Prius-killer. In terms of sales, it won't even be
a contender. It's just too much technology, too fast.
Ultimately, I'd say the Volt won't start hitting its
sale's stride until 2014 or later.
Why? Now the Chevy
Volt is going to cost more like $48,000, rather
than the $30,000 originally hoped - an $18,000
increase in price projections since the Volt was
debuted last year at NAIAS. And, with two more years
before its launch, it seems the Volt is on pace for
even more price increases.
While GM's Bob Lutz is hoping federal tax incentives might drop the price to
$40,000, even at $40,000 the Volt is certainly not a
car for the masses. Though I applaud GM's Volt
efforts, how much longer can GM wait before
challenging the Prius?
Labels: Chevy Volt electric vehicle concept, Hybrid Vehicles, toyota prius
