Are You Interested Now? GM CEO Says Chevrolet Volt Will Sell In Low $30’s

The Chevrolet Volt will be an expensive car to produce.   Cutting edge technology and large proprietary lithium-ion battery packs make up the lion’s share of cost.  Another speculated element of cost is factoring in the possibility of some degree of warranty-required battery replacements.

In the very early days of 2007, GM vice-chairman Bob Lutz had mentioned a goal of under $30,000.  Eventually that target appeared to be moved higher, though never official confirmed by GM.

Along the way, the federal government passed legislation that will give initial Volt buyers a $7500 tax credit, and more recent media speculation has put the price closer to $40,000.

However, there have been new reports that GM may surpise the world with a lower number.