24 Jan '12, 7pm

Some Chevy dealers rejecting Volt allocations from GM

The base model chevy cobalt sells for about 15K. The Volt initially for about 42K. Initially the battery was said to cost about $1000/KWhr, and was 16KW so 16K. Thus everything else in the Volt costs 26K. Now we know the battery prices have come down to near $500 per KWhr and the Volt price reduced to 39K. A lot of talk has been put into how the batteries are so expensive , but it looks to me like that is not true. If I were to add the battery and electric drive system to the cobalt would that make it cost 39K? You might be able to argue that the Volt as special as it is, is a totally different design that is not cheap, and maybe that's true. Maybe the low production number keep the cost of the initial engineering high per unit. But do car companies do this with every new model? That is make the initial cost high to recover the engineering cost and then lower the price lat...

Full article: http://green.autoblog.com/2012/01/24/some-chevy-dealers-r...

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