News - ChevroletEuro volts in 2012Cost of entry: GM's first-generation Volt will cost considerably more than an equivalent petrol car. European market models point the way to Holden's electric car future15 Jul 2008 By TERRY MARTIN GENERAL Motors will build Opel- and Vauxhall-branded versions of the Chevrolet Volt in the United States for export to Europe in 2012, according to GM Europe president Carl-Peter Forster. Speaking to German industry journal Automobilwoche, and providing a clue to the source, timing and pricing possibilities for Australia, Mr Forster said the initial production source would be GM’s Detroit-Hamtramck plant and that these first-generation “E-Flex” versions would be based on the compact class but carry “a substantial surcharge … up to 10,000 Euros ($A16,400) more than a comparable model with a conventional powertrain”. Having said that, Mr Forster emphasised the significant cost savings to consumers based on current fuel prices – and that the purchase price should fall “dramatically” as production volumes rise. A source familiar with GM’s plans said the Opel electric vehicle would essentially be the Volt with different styling. |
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