chevy volt cutElectric cars might be silent and do not emit any kinds of smoke which could end up polluting our environment, but this does not mean that they come cheap. While there has been a fair number of incentives introduced by various governments worldwide to increase the uptake of electric cars such as attractive rebates, the lack of an electric car’s range as well as higher than normal entry price points have proved prohibitive factors for the discerning consumer. Perhaps GM’s move to reduce the plug-in hybrid 2014 Chevrolet Volt’s price by $5,000 might sway your mind.

Yes sir, the sticker price will remain the same for the 2012 and 2013 Chevrolet Volts, but GM has made up its mind to offer $5,000 rebates on those cars, alongside discounted lease deals, and the 2014 model will have a $5,000 price cut, which means it will cost you $34,995 per ride – shipping included. This would help narrow the gap against other rechargeable cars, which is always a good thing for the consumer. Although I do not think that this would spark off the start of a price war among electric cars, it is still a good place to begin with. Hopefully with the price cut, this does not mean that quality has been compromised.

Filed in Green >Transportation. Read more about gm. Source: latimes

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