Next-Gen Chevrolet Volt: Two Strengths, Base Model to Carry $30K MSRP

Next-Gen Chevrolet Volt: Two Strengths, Base Model to Carry $30K MSRP

Despite being packed to the gills with modern technology, allowing customers to drastically reduce their monthly fuel costs, and, in some markets, providing access to carpool lanes, one of the chief complaints about the Chevrolet Volt is that it’s too expensive to buy. Even after slashing the price to $34,995 last summer, the Volt simply hasn’t sold in the volumes General Motors would like. That may change with the next-generation model.

According to a Reuters report, GM is planning to offer the 2016 model in two tiers, with an entry model sporting a smaller battery pack and less content at, according to suppliers, an MSRP of around $30,000. The report also states that the cheaper model would have a smaller range—under 300 miles versus 380 miles for the step-up car—which presumably means a smaller and less expensive battery pack. If the Volts only differed in their technology, this strategy would resemble the tack Tesla has taken by offering its electric Model S in multiple strengths.

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The new 2016 Volt is scheduled to arrive in 16 months. It will still share its basic underpinnings with the Chevrolet Cruze, albeit the next-gen model. Look for GM to explore other ways it can make the next Volt cheaper to build—the current car wasn’t expected to make money for the company, but that will change for future iterations. The possibility remains, however, that Chevy could go the Prius route and offer the Volt in more than one body style.

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