The next-generation of the Chevy Volt is due in 2016, and owners are letting GM know that they want more room, more range, and a lower price.
Browsing the "Chevy Volt price" Tag
Rumor has it that next year, GM will debut an all-new 2016 Chevy Volt that gets a new look and a new front-wheel drive platform.
Three years ago this month, GM launched the Chevy Volt as an “extended range electric vehicle, though most people refer to it as a plug-in hybrid. But the next-gen Chevy Volt really could be an EREV with up to 200 miles of range per charge, if soon-to-retire CEO Dan Akerson’s comments have any amount of […]
Automakers are chopping thousands of dollars off the price of electric vehicles here in America, bringing the price of these cars more in line with customer expectations, and sales have risen as a result. The Opel Ampera, the Chevy Volt’s European cousin, just got its own big price cut, chopping $10,000 off the MSRP, though it still outprices the Volt by a wide margin.
Even though the Frankfurt Auto Show doesn’t open its doors until mid-September, automakers are already rolling out the first official images and info of concepts that will make their debut. For GM the big news is the Monza Concept, shared by both Opel and Vauxhall, which will utilize a next-generation Voltec drivetrain, and could point the way forward for the plug-in hybrid.
Anyone who has been following the saga of the Chevy Volt knows that the single biggest issue facing the plug-in hybrid is its high price. General Motors has said time and again it wants to lower the price of the Volt by as much as $10,000 for the next generation. For now, the 2014 Chevy Volt price has dropped by $5,000, meaning you can buy a 2014 Chevy Volt for under $30,000.
General Motors is a company that represents both the endless possibilities of automotive technology, and the “old guard” that often seems just behind of trends in innovation. Under the reign of CEO Dan Akerson, GM is being proactive, and a small team of analysts has been assigned to study market “disrupter” Tesla Motors to see how it might affect GM’s business.
General Motors has recently announced that on July 15 the first 2014 Chevrolet Volt will roll off the assembly line in the GM Hamtramck factory, located in Michigan. Last year, Chevrolet made some significant changes to the 2013 Volt, like a larger capacity battery pack, longer all-electric range, and a system to allow drivers to choose when their Volt would run on electric or gasoline power.
While Chevy Volt sales were once watched closer than Kim Kardashians tweets, these days sales have essentially plateaued while production has ramped up. That has left GM with more than a 140 day supply of the plug-in hybrid, so the General is offering up to $5,000 off 2012 models to help dealers move them off of showroom floors.
The nice thing about new technology is that, eventually, it drops in price. A flatscreen HDTV used to cost thousands, now there is one in most homes in America. Laptops once cost as much as a compact car; now you can get one for a week’s worth of minimum wage work. The same thing seems to be happening to electric and hybrid cars. The Tesla Model S and Chevy Volt are expecting significant price cuts in the near future, and cars like the Nissan Leaf and Smart ForTwo Electric Drive have already shaved thousands from their MSRP.
By most measures, the Chevy Volt has proven to be a successful and clever plug-in hybrid vehicle in every regard save cost. At $40,000, it is still quite an expensive car even with the $7,500 Federal tax credit. CEO Dan Akerson knows this, and says that GM is seeking to slash the Volt’s price by as much as $10,000.
While electric vehicle sales haven’t been exactly inspiring, the Chevy Volt has managed to pick up some serious steam among consumers despite its $39,995 MSRP. With a next-generation Volt already under development, GM’s President of North America Mark Reuss has said that they will shave “thousands of dollars” from the price. But is it enough to make the Volt a true mass-market competitor?
As any mechanic will tell you, tools aren’t cheap. If you’re the gotta-have-the-best-of-everything kinda person, you could spend $20,000 or more on a toolbox, and JUST the toolbox. So this story regarding some Chevrolet dealerships ceasing Volt sales over just $5,100 in specialized tools is a bit of a head-scratcher.
The Chevy Volt has received more than its fair share of criticism, but as sales continue to climb, more success stories from Volt owners seem to be coming out. Retired pilot Jeffrey Kaffee, the first person to buy a Chevy Volt outside of auction, has reportedly used just 26 gallons of gasoline in two years of owning his Volt. With more than 12,000 miles on the odometer, that works out to an average of 459 mpg.
When the Chevy Volt was first announced, Dr. Lyle Dennis was among the first and most enthusiastic supporters of this new-fangled plug-in hybrid. He even went so far as to start a website that has become a cornerstone of the Chevy Volt community, GM-Volt.com. But alas, all good things come to an end, and Dr. Dennis is trading in his Volt…for a Ford.
For all the negativity surrounding the Chevy Volt, people who have bought GM’s plug-in hybrid are among the happiest car owners in America. How can that be? A recent case study in Scientific American looked at the Volt’s energy consumption and emissions and compared it to the most popular hybrid on the market, the Toyota Prius, and in every category the Volt comes out way ahead.