Chevrolet Volt is an interesting green vehicle with its ability to drive on
electric power alone for short distances coupled with the ability to drive for
much longer distances using a gasoline engine. The big drawback to the Volt
today is the price of the vehicle.
The MSRP of the Volt is around $41,000, which is keeping some of the people
that might be interested in the vehicle from biting. GM has announced that it
hopes to reduce the price of the Volt by $7,500 for the next generation.
If GM were able to cut
the MSRP by $7,500, when a buyer figures the federal tax rebate into
the price the Volt would sell for under $30,000 making it much more appealing
to most car buyers. The discount would also put the Volt more in line with the MSRP
of the Nissan
GM's Robert Peterson said, "As with any new technology - from plasma TVs
to cell phones - the production costs lower with learnings gained with each
generation. We expect to see similar cost savings, either through the
development or improvement of technologies, or reduced production costs."
The discount could be achieved by taking advantage of greater economies of
scale and by using a smaller battery pack that would presumably offer the same
range as the battery pack in the Volt today.
Edmunds reports that GM sold 321 Volts in January and 326 in December
while the Leaf sold 87 units last month. GM plans to build 25,000 Volts this
year and up to 50,000 in 2012.
demo cars showed up at dealers this week.