Mexican Media Brands
GM Aims to Cut Chevy Volt Cost by $10,000
General Motors Co. says it hopes reduce the cost of building its Chevrolet Volt extended-range hybrid by $7,000-$10,000 per vehicle.
#hybrid
Share
General Motors Co. says it hopes reduce the cost of building its Chevrolet Volt extended-range hybrid by $7,000-$10,000 per vehicle.
The Volt retails for $39,100, and GM currently loses money on each one it sells, according to Bloomberg News.
CEO Dan Akerson tells the news service the next-generation and presumably less expensive Volt will debut in 2015 or 2016. "We've got to take cost out of it," he declares.
RELATED CONTENT
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.
-
GAC, CATL Partner on Two Battery Ventures
Two new battery ventures are being formed in China by domestic carmaker Guangzhou Automobile Group Ltd. and battery giant Contemporary Amperex Technology Ltd.
-
On Traffic Jams, Vehicle Size, Building EVs and more
From building electric vehicles—and training to do so—to considering traffic and its implication on drivers and vehicle size—there are plenty of considerations for people and their utilization of technology in the industry.