2016 Chevy Volt Mass Production to Begin in August to Meet Orders in the US

The 2016 Chevy Volt has become available for pre-ordering in some locations as well and that is the reason why the sales figures for the 2015 Chevy Volt was in the low figures in June. Car buyers would surely look awkward if they will purchase a brand new 2015 Chevy Volt when they already know that a 2016 Chevy Volt will be arriving a few months down the road.

Former GM CEO Dan Akerson revealed that when they decided to make the cost of the 2016 Volt way down, their idea is to make it affordable by not less than $10,000 vis-à-vis the cost of production.

Akerson said that their company has been losing money just to build the Volt because the production cost is higher than the electric car’s retail price. It is not clear if GM will make money now with the 2016 Chevy Volt. But good business sense dictates that it simply cannot afford losing money on consecutive models as it will certainly hurt the company’s bottom line.

The current price of the 2015 Chevy Volt is about $35,000 and it is likely that the successor model will come out with about the same price or maybe less by a couple of thousands.

The 2016 Chevy Volt is certainly a greener car compared to the current model because it has an even better range of 50 miles on its 18.4 kwh battery compared to the existing edition’s 38 miles which is currently the greatest range for any plug-in hybrid for a 17.1 kwh battery.

Leave a Reply

Your email address will not be published. Required fields are marked *