Washington Post: "Chevrolet Volt, General Motors' electric car, will cost $41,000, the company announced Tuesday, leaving consumers to decide whether its environmental appeal is worth a price far above that of similarly sized conventional autos.
Electric-car technology has been around for years, but the high cost to make the vehicles has prevented automakers from producing them for the mass market. The price announcements for the Volt and its electric rival, the Nissan Leaf, have been highly anticipated as a result. Nissan, the only other major manufacturer expected to bring such a vehicle to market this year, said the Leaf will cost $32,780.
GM and Nissan are relying on a $7,500 federal tax credit for buyers of electric vehicles to offset some of the added cost, and they're hoping that the allure of their novel power source will make up the rest.
"The Volt is a game-changing product," said Tony Posawatz, GM's vehicle line director for the Volt."
The GMC Hummer EV SUV is finally rolling out. Learn about Hummer's innovative new electric SUV, including price, battery range, and more.
GM's push to build the biggest, most efficient electric vehicle continues with the Chevy Silverado EV. Learn more about this EV pickup truck.
GM plans to launch the system in 2022 in the US and Canada.
I'll rather get the Tesla Model S than this.. Its about $9,000 more and I get a 300 mile range..