General Motors CEO Dan Akerson was recently interviewed by Bloomberg News on the topic of today's Chevrolet Volt and on what the future may hold for the Volt.
Volt Gets Increased Electric-Only Range in 2013...More to Come in the Future
The discussion ranged from the recent $5,000 Volt price cut to eking out more electric-only range on the next-generation Volt.
The brief interview tells most of the story, though it's worth pointing out a few highlights:
- The $5,000 price cut on the 2014 Chevy Volt was made possible by declining production costs, mostly attributed to decreasing battery costs.
- The 2014 Volt won't see an increase in its electric-only range.
- A 20% range increase is expected in 4 years or less, most likely in 3 years' time.
"The next generation, we hope to extend that significantly."
"For something to be significant to me, I’ve got to get at least a 20-percent improvement in performance. So, if we can get it up to 50-60 miles – or more – we will, but that’s going to be another 3-4 years out. So we’ll watch evolutions."
We should also note that 3 weeks ago, our own Jay Cole pointed out that a 15 month delay in the next generation Cruze's arrival probably meant the Volt 2nd gen would also be receiving a corresponding delay of its own.
It would seem CEO Akerson's suggestion of a 3 year wait for more range on the next generation Volt confirms that suspicion.
For the rest of what Akerson had to say, check out the Bloomberg News video interview
Source: Bloomberg via GM-Volt