Chevrolet Spark EV Priced Below $25k After $7,500 Federal Tax Credit
November 27, 2012 2:25 PM
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Spark EV will come with an 8-year/100,000 mile battery warranty
We've talked about
Chevrolet's Spark EV for quite some time
. Over the past year, numerous details have been revealed about the vehicle. Most recently, it was revealed that the vehicle's 130hp/400 lb-ft torque electric motor was good enough to
propel it to 60 mph in less than eight seconds
Today, we've learned that General Motors has priced the vehicle at "under $25,000" when tax credits are taken into account. In other words, we're expecting that the vehicle will actually priced at $32,495 before the $7,500 federal tax credit is applied.
For comparison, the
Ford Focus Electric
are priced at $35,200 and $39,995 respectively before the $7,500 federal tax credit kicks in. Depending on where you live, the Spark EV might also quality for
state tax credits/rebates
that would knock the price down even further.
According to GM, the Spark EV features a 560-pound lithium-ion battery pack that is warrantied for 8-years/100,000 miles. This should be enough to give peace of mind to customers who plan on keeping the vehicle for more than the typical 5-year loan period.
The Spark EV will also be the first vehicle that features SAE Combo DC Fast Charging capabilities. This allows the Spark EV to reach 80 percent of its charge within 20 minutes. Getting recharging times down to reasonable levels is a critical in the adoption of electric vehicles in the U.S. and this is a much needed step in that direction.
“The Spark EV battery has undergone more than 200,000 hours of testing in our global battery systems labs,” said Pamela Fletcher, Chevrolet executive chief engineer of electrified vehicles. “It is extremely durable and has undergone the same abuse tolerance testing as the Volt battery.”
GM still hasn't provided us details on how far the Spark EV will travel on a charge, but we expect to learn more details closer to its Summer 2013 launch.
This article is over a month old, voting and posting comments is disabled
11/27/2012 3:25:23 PM
...and another nail in GM's coffin.
A car built to satisfy the demands of Washington bureaucrats.
The only way the car survives is if Messiah dictates that all future government auto purchases be either a Volt or this turkey.
11/27/2012 3:33:39 PM
Funny, the Prius was designed to meet the demands of California bureaucrats, and is still Toyota's second-most-selling vehicle (and one of the top-selling vehicles in the U.S.) even after all government subsidies have expired.
Yes, Washington bureaucrats may have influenced the creation of electric cars, but there *IS* a market, and companies are selling to that market.
P.S. Why would Jesus make dictates of the government? Or are you blaspheming by referring to someone other than Him as a messiah?
11/27/2012 4:04:13 PM
It's only blasphemy if he's not referring to one of the Holy Trinity. Jesus Christ, Steve Jobs, and Barack Obama are all members, and thus are acceptable to be referred to as "the messiah." The above post was clearly referring to Barack Obama, so his eternal soul is perfectly safe.
"If you look at the last five years, if you look at what major innovations have occurred in computing technology, every single one of them came from AMD. Not a single innovation came from Intel." -- AMD CEO Hector Ruiz in 2007
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