As expected, due to the yesterday announcement, GM revealed today that the pricing for its 2011 Chevrolet Volt will start from $41,000 ($33,500 net of the full federal tax credit, which ranges from $0-$7,500) including a destination freight charge of $720. Also, GM will offer a lease program on the Volt for a monthly payment as low as $350 for 36 months at Manufacturer's Suggested Retail Price with $2,500 due at lease signing.
The new Chevy Volt will be initially available to customers in California, New York, Michigan, Connecticut, Texas, New Jersey and the Washington D.C. area. The 2011 Volt will have a total driving range of about 340 miles and is powered by electricity at all times.
For up to 40 miles, the Volt drives gas- and tailpipe-emissions-free using electricity stored in its 16-kWh lithium-ion battery, but when the battery runs low, a gas-powered engine will operate and extend the car's range with another 300 miles on a full tank.
GM says that the new car will come standard with a 120-volt charge cord that will allow owners to charge their Volt directly from a standard home electrical outlet.
A total of lucky 4,400 Volt buyers will receive a free 240-volt charging station, including home installation. The 2011 Volt will come as standard with air bags -- dual-stage frontal, side-impact, knee, and roof-rail side-impact - and StabiliTrak electronic stability control with Traction Control.
Also, the customers will receive a seven-inch touch screen navigation as well as an energy-efficient Bose premium audio system.
During the Plug-In 2010 conference, Joel Ewanick, vice president of US marketing for General Motors, declared that the Chevrolet Volt will be the top vehicle in its class because the EV is in a “class by itself.” He remarked that only GM could offer an EV that could be used for daily transportation.
Ewanick added that the Chevy Volt will be blessed with premium content and innovative features – all standard.
On the other hand, Tony DiSalle, director of Chevrolet Volt product marketing, remarked that the brand is aiming to take the Volt ownership experience to a level they never achieved before, primarily because the EV is a vehicle they never had before. Part of this enjoyable ownership experience is the provision of unmatched vehicle connectivity using the Volt mobile app.