GM To Develop Cheaper Version Of Chevrolet Volt?

An anonymous source inside GM said that the American giant might develop a cheaper version of Chevrolet Volt, at the expense of a smaller mileage.

While the new Chevrolet Volt have not been launched on the markets yet, Chevrolet is seriously thinking at developing a cheaper version of it. The cheap Volt might be a rival of the hybrid and diesel models with smaller prices and will have a mileage of around 20 miles in full electric mode. Chevrolet Volt can run in full electric mode between 25 and 50 miles, then the internal combustion engine starts to recharge the batteries. The exception is the barrier of 100 mph, when the engine starts automatically.

According to some sources inside General Motors and quoted by Favstocks, Chevrolet might cut off $10,000 from the production price of Volt, only be redesigning in, raising the production numbers, a new battery, or a combination of the three. As well, they might reduce the autonomy in full electric model, a move that would increase the fuel consumption and the CO2 emissions, but would transform Chevrolet Volt into a cheaper car.

For now, GM officials didn’t speak about the rumor. Chevrolet Volt would have a major advantage, at least on the US market, if it has a starting price of $31,000, getting support from the US Government, that would offer a price reduction based on environmental funds specifically collected. On the other hand, increasing Volt’s production might lead to other problems, as the dealerships are already overworked, as the plant producing Volt’s batteries is already working at full capacity.