Chevy Volt ‘Car Of The Year’ And ‘Automobile Of The Year’

For several years now, the public has been waiting for the launch of the Chevrolet Volt.  The Volt is an extended-range electric vehicle, a technology that has never been mass produced before.  The Volt will be charged by the owner over night, provided a 40 mile, electric only range from its batteries.  Once that charge is depleted, a small gas generator kicks in to power the car.
Once production was announced for the car, people began to wonder about the price.  The battery technology alone was said to cost close to $10,000, not to mention the car has two powertrains.  Well the wait is over, we finally know how much the Volt will cost the early adopters.  The purchase price for a Volt is $41,000, with a lease option pegged at $350 a month for 36 months with $2,500 down.  Not a bad price in my opinion, as costs will surely come down significantly with the second generation Volt, especially as production increases above the initial 10,000 units planned for the first year.