Chevrolet Volt will cost 40.000$ image

According to some news reports Chevrolet VOLT, the electric car from GM will cost about 40.000$. Exact price and ordering details will be announced tomorrow by Joel Ewanick, GM’s vice president of U.S. marketing, at a news conference in San Jose, Calif., the automaker said today.

Its propulsion system will be based on GM’s new Voltec (formerly known as E-Flex) electric automobile platform, which differs significantly from GM’s earlier BAS Hybrid and Two-Mode Hybrid systems. For up to the first 40 miles (64 km), the Volt is powered by electrical energy stored in its on-board lithium-ion batteries which are charged by connection to an electrical power outlet.
The car’s 16 kW·h (8.8 kW·h usable) lithium-ion battery pack can be fully charged by plugging the car into a 120-240VAC residential electrical outlet using the provided SAE J1772-compliant charging cord. No external charging station will be required.
According to Autonews, GM will sold Volt this year in parts of Texas, New York, California and Washington, D.C.

In July 2010 General Motors announced that the Volt’s battery will be guaranteed for eight years or 100,000 miles (160,000 km) and will cover all 161 battery components.