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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 Nissan Leaf and 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.

Source: GM



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RE: These Tax Credits Are Rediculous
By Nutzo on 11/27/2012 4:34:18 PM , Rating: 3
All we need to know...

Price of EV Spark $32,495
Price of EV Spark after $7,500 rebate $25,000
Price of gas powered Spark $12,245 - $15,000

So you could buy 2 gas powers cars for the price 1 electric and still have money left over.

Paying $32K for a $12K car sure seem like a good deal... NOT


RE: These Tax Credits Are Rediculous
By MichaelR on 11/27/12, Rating: 0
RE: These Tax Credits Are Rediculous
By Spuke on 11/27/2012 11:23:23 PM , Rating: 2
quote:
grimy gas stations
Speak for your sh!thole town. Gas stations are very clean where I live. Even the diesel pumps are clean. I agree with Ring and Nutzo, Spark EV is not worth the price at all with a significantly cheaper gas version available.


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 6:46:20 AM , Rating: 2
Significantly cheaper and significantly slower.

I think the gas one is too slow to be usable.


RE: These Tax Credits Are Rediculous
By Spuke on 11/28/2012 9:27:09 AM , Rating: 2
I would agree on it being slow.


RE: These Tax Credits Are Rediculous
By jimbojimbo on 11/28/2012 11:34:25 AM , Rating: 1
They're both slow so I don't see the point in the argument. It's still WAY too expensive.


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 12:56:10 PM , Rating: 3
0-60 in under 8s is slow? Since when?


By MichaelR on 11/28/2012 4:58:04 PM , Rating: 2
quote:
Gas stations are very clean where I live


Really? You might want to read this, and then go wash your hands:

http://www.reuters.com/article/2011/10/25/us-usa-h...


By Dr of crap on 11/28/2012 8:12:24 AM , Rating: 2
No you mean 5-10 minutes per WEEK I get back!

Man where can I get one of those TIME savers!


RE: These Tax Credits Are Rediculous
By Ammohunt on 11/28/2012 11:01:13 AM , Rating: 2
$8,000 Buys 2000 gallons of gasoline at $4 a gallon that's ~60K miles of driving at 30MPG....I'll pass on expensive EV's


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 1:24:45 PM , Rating: 2
After 60k miles, the Spark EV will be worth many thousands more than the Spark gasoline.

If you don't want to consider vehicle value after you use it, then lease it, and divide your gas costs over the lease term. You'll need $160 per month of gas to drive 40 miles per day @30mpg.

Can you lease a regular Spark for $100+/mo less than a Spark EV?


RE: These Tax Credits Are Rediculous
By Ammohunt on 11/28/2012 1:39:48 PM , Rating: 2
I don't buy GM any longer mainly because their cars are junk not the fact that their resale value is dismal as compared to nearly every other brand.


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 2:01:21 PM , Rating: 2
They're both related (GM's past reliability issues make their resale value low).

Still, this has nothing to do with what you said earlier about $8k of gas being able to drive you 60k.


RE: These Tax Credits Are Rediculous
By Ammohunt on 11/28/2012 2:05:45 PM , Rating: 2
$8k of gasoline drives me 100k miles....i drive a prius hybrid...


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 5:40:19 PM , Rating: 2
A similarly Prius doesn't cost 17k (hence you wouldn't have $8k to spend on gas by choosing it over the Spark EV), nor does it hit 60 in under 8 seconds.


RE: These Tax Credits Are Rediculous
By JediJeb on 11/28/2012 9:14:06 PM , Rating: 2
quote:
After 60k miles, the Spark EV will be worth many thousands more than the Spark gasoline.


If I bought either of these and kept it for 16 years/235k miles as I have my current vehicle, how much difference would there be in the resale value between the EV and gasoline version of the Spark?


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 6:40:20 AM , Rating: 2
The gas powered Spark takes 12+ seconds for 0-60.

The EV does it in ~8, and will have the same instant torque all EVs do.

They're not even close to the same class of car. That's an even bigger difference than there is between the Fiat 500 and Fiat 500 Abarth.


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 6:43:10 AM , Rating: 2
quote:
That's an even bigger difference than there is between the Fiat 500 and Fiat 500 Abarth.
Forgot to mention: These two models are priced $6000 apart.


RE: These Tax Credits Are Rediculous
By jimbojimbo on 11/28/2012 11:38:06 AM , Rating: 2
No, they're priced $13,500 apart.


RE: These Tax Credits Are Rediculous
By Mint on 11/28/2012 12:59:18 PM , Rating: 2
Then why are people comparing the prices of two cars in such vastly different performance categories as if that performance is free?


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