Chevrolet Volt’s 240V home charging unit will be priced at $490

Article by Christian A., on October 6, 2010

GM announced today that it has reached an agreement with a supplier to offer Chevrolet Volt owners the most affordable 240V home charging units on the market. Dubbed “Voltec” 240V home charging unit, this was priced by SPX Service Solutions at $490 before installation.

With the Voltec 240V home charging unit the new 2011 Chevrolet Volt will be charged in about four hours, which is very fast if we compare it with the 10 hours from the standard 120V charge cord that plugs into a household outlet.

Installing the Voltec 240V charging unit will cost you $1,475, but this can vary based upon electrical requirements. Furthermore, SPX will offer a variety of home charging stations and manage all aspects of installation for Volt owners, such as home survey, installation, permitting, Department of Energy and utility coordination, and identification of available programs and incentives for reduced charging rates.

Regarding the Chevrolet Volt, this new car will be launched later this year as a 2011 model in California, and will use lithium-ion batteries capable to offer a range of up to 40 miles without using the combustion engine. When using the combustion engine, the 2011 Chevrolet Volt is capable to deliver a range of 300 miles.

"The Chevrolet Volt can be the only car you own," said Mark Reuss, president, GM North America. He added that the Volt offers the most advanced and sophisticated propulsion system, styling, safety, premium features, and the most easy-to-use technologies, as well as “spirited” driving dynamics.

Chevrolet broke a lot of ground when it released the amazing Volt EV or electric vehicle. For one, the car managed to break limits and constraints that people experienced when driving other EVs. For instance, its all-electric powertrain has more range than your average electric vehicle.

In fact, with this extended range, the Volt established itself in a class all its own! People will normally think that, with its range, the Volt is a hybrid that carries a gasoline-powered engine, which acts as the main engine, complemented by an electric motor.

That is not the case. Its propulsion is powered primarily by an electric drive mated with a 16-kWh lithium ion battery pack. This combination provides an amazing driving range of 25 to 50 miles on favorable conditions! When the battery runs out of juice, the back-up gasoline engine kicks in.

The gasoline engine powers the electric drive, not the car itself, like an auxiliary power source. This unique system gives the Volt a distinct advantage over its competitors: it can run even when there is a power interruption, provided that there’s enough gas in the engine.

This unique system also gives the Volt a total driving range of more than 310 kilometers. Indeed, with a design and manufacturing process that spanned only 29 months, the Volt is a feat of engineering. When it came out in 2010, it gave consumers two options for packages, one of which included a rear-facing camera intended for assisting in parking and backing the vehicle.

Speaking about the capabilities of the Chevrolet Volt, GM North America President Mark Reuss said that the Volt has everything a consumer could ask for from a car. With all its revolutionary features, the Volt indeed delivers on its promise.

Press Release

Chevrolet Volt's 240V Home Charging Unit Priced at $490

Chevrolet has an agreement with a supplier to offer Chevrolet Volt owners one of the most affordable 240V home charging units on the market. Priced by SPX Service Solutions at $490 before installation, Chevrolet's "Voltec" 240V home charging unit is one of several 240V home charging units that will be offered for sale by SPX Service Solutions, a national provider of home charging installation services and equipment.

The Voltec 240V home charging unit can charge the Volt's battery from depleted to charged in about four hours, compared with 10 hours with the standard 120V charge cord that plugs into a household outlet. Installation of the Voltec 240V charging unit is estimated at $1,475 but can vary based upon electrical requirements.

In addition to Chevrolet's Voltec unit, SPX will sell a variety of home charging stations and manage all aspects of installation for Volt owners, including the home survey, installation, permitting, Department of Energy and utility coordination, and identification of available programs and incentives for reduced charging rates.

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