Chevrolet Volt, a plug-in
hybrid car capable of traveling 40 miles on a full charge, uses a
lithium-ion battery pack able to be recharged in a household power
outlet or can be trickled charged using the car's onboard gasoline
engine "range extender." Instead of just mimicking
the Honda Insight and Toyota Prius, however, Chevy hoped to offer a
sportier vehicle -- which inadvertently drove up the price of the
GM Executive Bob Lutz, who spearheaded the Volt's
development, also noted a retail price tag believed to be in the high
$20,000s has turned out to be significantly more. Due to
expensive parts used in the car, including an $8,000 battery, more
expensive drivetrain, and other parts, the average transaction for a
Chevy Volt is somewhere near $43,000.
"When I said I hope
to sell it in the 20s, I just thought, well, if a conventional car of
that size with a conventional four-cylinder engine, we can sell it
for $15,000 or $16,000, then let's notionally add $8,000 for the
battery and we're at $25,000," Lutz told AdAge.com.
way my brain worked on that one."
GM had to modify
several standard systems it uses for its compact-car architecture --
a setback because it wasn't ready before -- which drove the price of
manufacturing through the roof.
Volt buyers are eligible for a
$7,500 federal tax credit, but that money won't be seen for several
months after the car's purchase, while the owner must deal with
financing and insuring the car.
Chevrolet will likely find it
very difficult to sell the $40,000 Chevy Volt, especially with
competition from Toyota, Honda, and other carmakers. For
recently announced the 2010 Nissan LEAF EV zero-emissions vehicle
that has already been dubbed a possible "Volt-killer,"
though auto industry insiders say it's far too early to say such
Automakers have shown a renewed interest in hybrids,
biofuels, and electric cars, as car shoppers also shift away from
regular gasoline to greener technologies. After GM opened its
Global Battery Systems Lab last June, there was a concern GM saw only
a short-term market for electric vehicles, which is no longer true.
Despite a more serious effort to develop fuel efficient vehicles,
Chevrolet may likely find it very difficult to sell its expensive
Volt in the face of new, cheaper competition.
quote: Usable land is in much shorter supply than Seattle, which causes them to build up.
quote: I drive about 7 KILOMETERS one way.. so 14 KM/day.. I don't know anyone who drives 40 MILES or 64.37 km ONE WAY to work.
quote: I think anyone driving over 40 MILES to work one way is retarded.
quote: Chris Hansen can suck my b***s, to be blunt. He is trying to make a perfectly NORMAL sexuality that has been around since MAN FIRST WAS AROUND out to be something 'abnormal' and 'dangerous'. The same exact way that they tried to say that about homosexuality, in fact.
quote: In a regular gas engine car, the motor must run at a wide range of RPMs, because the motor turning turns your wheels, which need to go at an infinitely variable speed. In the generator engine in the Volt, the engine does not need to vary it's RPMs, since it does not drive the wheels directly, so it can be highly tuned at specific frequencies to be much more efficient.
quote: From what I've read, the Volt's engine does NOT charges the battery.
quote: From what I've read, the Volt's engine does NOT charges the battery. It only powers the electric motor. So if the electric motors are not moving (i.e. idle), the gas engine would've been shut off. I've obtained this information from Automobile Magazine's test drive of the Volt.
quote: However once the battery is depleted, drivers would have to use the on board 1.4L engine that outputs a mere ~100 hp to power the electric motors, which in turns will only churn out ~100 hp.
quote: $50,000 and get Ferarri-stomping performance
quote: The $70k Zo6 can't even match the F430.
quote: I'm afraid the Volt is itself a Volt killer.
quote: As for a dollar to dollar comparison, it depends on driving habits/commute, available tax credits, and the price of gas.
quote: However, From the looks of it I could actually fit in the Volt
quote: The best case for the Volt is for people whose commutes are 40mi or less, round trip, so they can stay in full electric mode for the bulk of their daily driving. Unless you go on a long trip, or are unable to charge it overnight, you'd hardly ever have to stop for gas.
quote: Actually, the best case for the Volt is people who drive more than 40 miles round trip. IE, someone who uses the entire battery 100% each and every day.
quote: Show me a Prius for 20 000$ and Ill show you a 10 foot tall midget.
quote: The Prius is another "statement car" it's one that announces to the world that you "care". Now anyway, if someone really wanted to just save on fuel, a VW Jetta TDI would save you more money.
quote: That difference is entirely due to the higher road taxes charged on diesel fuel.
quote: I think the concept of having the maximum amount of torque at 0 RPM is exciting.
quote: The Volt has a 40mi electric range + 400mi after that with the gas generator feeding power to the battery.
quote: thus I would expect the ICE to deliver much lower range
quote: Yes, if we built up Nuclear to replace all Coal, that figure would fall to ~ 30 grams of C02 per mile.
quote: I think the #1 thing the government could do to help the Volt would be allow a standard battery warranty to be issued...
quote: Over 70% of the electricity for charging the batteries comes from burning fuels.
quote: But I made the mistake of taking Lutz at his word that this wouldn't sell for more than $25k. OK, honestly I thought this would push $30k, but then that $7500 tax credit would help even things out.
quote: And so again, Toyota will wipe its proverbial ass with GM.
quote: While I absolutely love the idea that the Volt can travel 40 miles on its battery alone, it still doesn't make much sense to me from a financial standpoint.Toyota will have a new $21,000 entry-level spec Prius in September. We all already know that the Prius gets 50 MPG. At half the price of the Volt, I just don't see many people flocking to the Volt.
quote: how do you get the Volt for 40K?
quote: The only Chevy worth $40,000 is a Corvette.
quote: Show me anywhere you can get a car with 16/26 mpg with 430hp/430ft-lbs.
quote: Taking California as an example. If enough existing vehicles were replaced with plug-in cars to make a noticable impact - say 10% (or 3.2 million in CA) - where would the electricity to charge them come from?
quote: I guess I just never see this calamity occuring from a 3-5% increase in total demand and like a 10% power increase during night.
quote: This car is not for the middle class. It will be a status symbol for the rich who want to be "green".
quote: I agree, a lot of folks will pay the premium simply to drive a piece of cutting-edge technology - just like the first hybrids 10 years ago.
quote: Cold weather reduces the batteries performance.