China: Chevrolet Volt priced at $75.533 image

The North American based automotive giant General Motors has recently launched its Chevrolet Volt on the Chinese auto market, where the eco-friendly vehicle has been priced at RMB 498.000 or 75.533 USD.

According to the manufacturer, the Chevrolet Volt will be sold at 13 dealerships in eight Chinese cities: Foshan, Shenzhen, Guangzhou, Wuxi, Suzhou, Hangzhou, Shanghai and Beijing and the model will cost more than the equivalent Opel Ampera in Europe: 75.533 USD.

China is also offering a hefty tax credit of $19.000 for electric vehicles built in China, but the tax doesn’t apply for imported ones, so General Motors’ Chevy Volt might not be that successful in the Asian country.

“We are going to export into China for probably a year or two and see if it gets a take… if customers set the right usage patterns. If it does, we may manufacture it there”, said the GM chairman and CEO Dan Akerson.

The first Chevrolet Volts exported to China are being manufactured at GM’s Detroit-Hamtramck assembly plant and the “American” model is more expensive than the “European” one, where the Opel Ampera costs 58.000 USD or 42.900 EUR.
The price of the eco-friendly model might go down in General Motors decides to manufacture it in China.