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Chevrolet Volt  (Source: truthaboutdomestics.com)

  (Source: globalmotors.net)
Installation costs an estimated $1,475

The Chevrolet Volt has been a hot topic since its concept debut in January 2007, and it has certainly come a long way since then. General Motors has been providing bits of news about the electric vehicle over time to help EV buyers consider the Volt.

Now, Chevrolet has released information regarding the cost of their Voltec 240V home charging station, which is set at $490Nissan released figures awhile ago regarding their home charging stations, which are set at $2,200 for the 220V including installation. 

The $490 for the Voltec 240V home charging unit was set by SPX Service Solutions, whom Chevrolet has an agreement with. SPX Service Solutions is a national provider of home charging installation equipment and services, and will be selling the Voltec 240V along with several other home charging stations.

Chevrolet notes that this is the most affordable 240V home charging system, and will be beneficial to Volt drivers because it only takes four hours to charge the electric battery from depleted to fully charged with a 240V station as opposed to the standard 120V charge cord, which takes 10 hours to complete the same task.

While Chevrolet's Voltec 240V home charging system is priced at $490, the installation of this system costs approximately $1,475. Though, Chevrolet adds that this price varies upon electrical requirements.  

Electric vehicles have been a popular subject, and with the upcoming release of EV pioneers like the Chevrolet Volt and the Nissan Leaf, the interest and curiosity surrounding these vehicles has heightened. Over time, we've watched and waited as both of these EV heavyweights exposed their core features, such as the Volt's 40 miles of electric-only propulsion (which was recently revised to 25-50 miles) with a gasoline engine providing an additional 300 miles, and the Leaf's ability to travel 100 miles on a single charge.



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RE: Why so much?
By Reclaimer77 on 10/7/2010 9:15:07 PM , Rating: 2
Great post.


RE: Why so much?
By Spuke on 10/7/2010 11:00:37 PM , Rating: 1
quote:
Let's see, electric powered cars carry a hefty premium over gas powered cars. Some of the premium will be covered by Federal tax rebates (guess who pays that?) and the rest is extra cost to the buyer. An estimated 90 percent of the rare earth metals necessary to produce the car batteries is mined and controlled by mainland China (communists). China recently refused to sell these rare earth metals to Japan (but that couldn't effect us). Australia has the only other major rare earth supply, but mining must be developed and will take about four years and lots of cash. China has recently bought significant mining shares in Australia (coinidence?). Our current Federal Government makes policies which greatly limit our domestic oil exploration and production. Also, the Government has stopped all offshore drilling (cost about 20,000 jobs in Louisana alone). Roughly fourteen scarce drilling rigs have been sold to foreign governments including South American ones. Our Government has loaned billions of dollars to Brazil to help develop their off shore drilling in deep waters which we are forbidden to drill ourselves. To summarize for our limited thinking young folk, we have done about everything possible to limit our own domestic power and fuel production (no new oil refineries since about 1977). We must now seek over 40 percent of our domestic oil needs from other sources (one of which is Canada which is good). But most of the world's oil supply must come from countries openly hostile to democratic governments (you know the ones who elect their leaders). It now appears that much of the very expensive electric alternative will be controlled by Chinese communists.
Reposting this because I think it's good reading.


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