GM North America President Mark Reuss said that the automaker plans to cut the cost of the next-generation Volt by thousands of dollars.
Although GM didn’t say when the next-generation Volt will hit the market, it announced that the price of the vehicle will be reduced by thousands of dollars. As customers are drawn back from buying electric vehicles due to their high price, automakers are trying to find a solution to this problem. Nissan also announced at the Detroit auto show that it will cut the price for its electric Leaf with about $6,000 to a base price of $28,800
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