Along with General Motors' announcement of the pricing information for the American version of the Chevrolet Volt is the revelation that the carmaker is preparing to promote its first plug-in hybrid electric vehicle with a world tour. Of course, China (which is now the largest auto market) plays a key role in GM's plans for the Volt.
A report from China Car Times revealed that the Volt will enter the Chinese market as early as this month, with the official launch expected to happen on August 31.
The Volt for China will be produced at the US plants that currently make the model for the domestic market. However, sales in China won't start until early 2011.
But depending on the evolution of the car in China, it's possible that GM will assemble the Volt in China to boost production and meet consumer demand. US pricing starts at $41,000, or $33,500 net of full federal income tax credit.
Customers can opt for a leasing program that only requires a down payment of $2,500 and $350 each month for 36 months. The first locations that this vehicle will be offered include California, New York, Michigan, Connecticut, Texas, New Jersey and the Washington D.C.
Chevrolet has launched the latest iteration of its Chevrolet Volt electric vehicle, which now boasts of being able to travel farther than other EVs thanks to a range extending system. The new 2011 Chevrolet Volt is powered by GM's innovative Voltec propulsion system that employs electric drive unit getting its juice from a 16-kWh lithium-ion battery pack.
This electric drive unit allows the new 2011 Chevrolet Volt to travel on pure electric power to between 25 and 50 miles, with the actual range contingent on terrain, driving techniques and temperature.
If the battery's power runs out, drivers don't need to worry about getting stuck in the middle of their trip – thanks to a 1.4L gasoline engine that allows the 2011 Chevrolet Volt to travel by another 310 miles on a full tank.
This setup sets the Volt apart from electric-only vehicles that cannot be driven when the batter runs out of power and during a long-distance trip. The good thing is that the new Chevrolet Volt has been designed and engineered to be able to operate in all climates.
Mark Reuss, president of GM North America, remarked that the new Chevrolet Volt delivers all qualities that customers look for a car like progressive styling, an innovative propulsion system and industry-leading safety as well as premium amenities and user-friendly technologies.
The new Chevrolet Volt is designed, engineered, built and delivered to customers in just 29 months. Chevrolet will commence sales of the Volt before the end of 2010. This new Volt is available in a well-equipped standard trim level. Customers could avail of the Volt in two optional packages -- a Premium Trim Package and a Rear Camera and Park Assist Package.