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2016 Chevy Volt Gets Price Cut : News

The next-generation 2016 Chevrolet Volt plug-in hybrid will start at $33,995, including an $825 destination charge, when it arrives at Chevrolet dealerships in the second half of this year.

The price reflects a $1,175 decrease compared to the 2015 Chevrolet Volt. The 2015 Volt starts at $35,170, including shipping.

GM said in a statement on Sunday that consumers will pay as low as $26,495 for the 2016 Volt after a $7,500 federal tax credit.

"In California, the vehicle's largest market, residents of the state will be able to purchase the all-new Volt for as low as $24,995 after state and federal incentives," GM said.

The Volt has been redesigned inside and out. It will provide an estimated 50 miles of all-electric driving range on a single charge, reflecting a 31-percent improvement over the first-generation Volt, according to GM.

Updates include a sleeker exterior look and a new two-motor drive unit that is up to 12 percent more efficient and 100 pounds lighter than the first-generation version.

The EPA has not yet rated the 2016 Volt.

"The next-generation Volt delivers more technology, the ability to drive further between gas fill-ups and now with even more value to our customers," said Steve Majoros, Chevrolet marketing director, in a statement.

Key Volt competitors include the BMW i3, Ford C-Max Energi and Toyota Prius Plug-in hybrid.

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Sources : 2016 Chevy Volt Photo | 2016 Chevy Volt Article

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