Mexican Media Brands
GM Plans Cheaper Chevy Volt for 2016
General Motors Co. will introduce a lower-priced variant of its Chevrolet Volt extended-range hybrid in 2016, Reuters says.
#hybrid
Share
General Motors Co. will introduce a lower-priced variant of its Chevrolet Volt extended-range hybrid in 2016, Reuters says.
Supplier sources tell the news service the optional model will have a smaller battery, shorter electric-only range and less standard equipment. GM is expected to produce a similar iteration for Europe, where the Volt is sold as the Opel Ampera.
The next-generation Volt and its budget-priced sibling are scheduled to go into production in 2016 at GM's factory in Hamtramck, Mich. Reuters says the new models will share a new platform with the redesigned Chevrolet Cruze due at about the same time.
Last year GM North American President Mark Reuss told reporters the next-generation Volt would be several thousand dollars cheaper to make. Reuters' sources say the low-price Volt will retail for about $5,000 less than the standard model, which is currently priced at about $35,000.
RELATED CONTENT
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Report: Old-Line Carmakers Set to Sweep Past Tesla in EV Race
Tesla Inc. will retain its position as the world’s largest maker of electric cars next year but plunge to seventh behind well-established vehicle manufacturers by 2021, predicts PA Consulting Group.
-
Startup Readies Solar-Powered EV
Germany’s Sono Motors GmbH says it has received 5,000 orders for its upcoming Sion electric car, which can be partially recharged by it attached solar panels.