I would so buy a Volt if the after incentive price came down to 20K
On the heels of the recently announced price cut for the 2014 Volt, General Motors chief executive Dan Akerson is suggesting that we may see a Volt with 60-mile electric range in three or four years.
In an interview with Bloomberg, Akerson suggests that GM is hoping for a "significant" improvement in the extended-range Chevy's ability to run solely on electric power. “For something to be significant to me, I gotta get at least 20 percent improvement in performance," the CEO asserted. "If we can get it up to 50-60 miles or more, we will, but that's gonna be another three to four years out.”
As we reported previously, GM also suggests that the cost to produce the Volt will drop $5000-$10,0000 over the next few years, allowing them to offer the current car's successor at a lower price point -- it could even drop below $20,000 once various tax incentives are included.
Akerson's "three-to-four years" timeline doesn't quite square with the expected 2015 debut of the next Volt, however. We may see a one-two punch on that front, with the next car rolling out featuring specs similar to the current vehicle's at a lower price; the extra range could be saved for a refresh.
We love the current EV price war. The $139/month lease on the Smart Electric Drive suddenly makes that little city runabout a compelling proposition. Nissan's seen a big spike in sales since cutting prices on the Leaf. The 2014 Volt's $5,000 cut (placing it at $27,495 after the Federal tax credit) puts it firmly into the territory of the mainline family sedan. There's still quite a way to go before EVs outnumber internal-combustion-powered vehicles, but battery advancements and lower prices are making electric cars and plug-in hybrids/extended-range EVs a real choice for a broader segment of the population.
The next decade is going to be very, very interesting.
Read more: http://www.autoweek.com/article/20130812/carnews/130819973#ixzz2c3x41Lvq
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