Friday, May 2, 2008

$20k Chevy Volt?



During a keynote address yesterday at the Fairmont Hotel in San Francisco entitled "Can GM really be Green Motors", GM's president Rick Wagoner indicated that the Chevy Volt (extended range electric vehicle) would potentially be delivered at a truly remarkable $20k price point. It GM is able to hit that mark (and it completely hangs on the promise that one of it's competing battery manufacturers can bring down cost of the lithium battery packs that make up the heart of the Volt's "E-Flex" propulsion system) then they will truly have a game changer on their hands.

Can GM transform itself into "Green Motors" come October 2010? We will have to wait and see, but all signs are pointing them in that direction...

3 comments:

Anonymous said...

Though I doubt they will be able to get the Volt under 30k (much less 20k, what are they smokin?), I'm glad to see GM appears to be waking up to what Toyota's already figured out (it's about mpg stupid)!

Daryl Kulak said...

GM's president's name is Rick Wagoner.

I would love to see a $20K Volt, but $30-40K sounds more realistic. Even then, I would pay it gladly.

I've never considered being on a waiting list for a car, but "where do I sign??"

Anonymous said...

For $20k, you would get a "batteries not included" mobile. In other talks, GM has said they are looking at options to reduce the initial vehicle cost such as leasing the batteries (even if you purchase the car). Ask anyone that leased an EV1 that they could not buy when the lease expired, how excited they will be to lease anything from GM.