Chevrolet Announces 2016 Volt Pricing

Chevrolet Announces 2016 Volt Pricing

Next Gen delivers more technology at new price as low as $26,495

The front end of the 2016 Chevrolet Volt on display as a sneak peek Sunday, January 4, 2015 at the Consumer Electronics Show in Las Vegas, Nevada. The next-generation extended range electric vehicle will be fully unveiled on January 12 at the North American International Auto Show in Detroit. (Photo by Isaac Brekken for Chevrolet)

The front end of the 2016 Chevrolet Volt on display as a sneak peek Sunday, January 4, 2015 at the Consumer Electronics Show in Las Vegas, Nevada. The next-generation extended range electric vehicle will be fully unveiled on January 12 at the North American International Auto Show in Detroit. (Photo by Isaac Brekken for Chevrolet)

Chevrolet Global Chief Marketing Officer Tim Mahoney offers a sneak peek at the 2016 Chevrolet Volt Sunday, January 4, 2015 at the Consumer Electronics Show in Las Vegas, Nevada. The next-generation extended range electric vehicle will be fully unveiled on January 12 at the North American International Auto Show in Detroit. (Photo by Isaac Brekken for Chevrolet)

Chevrolet Global Chief Marketing Officer Tim Mahoney offers a sneak peek at the 2016 Chevrolet Volt Sunday, January 4, 2015 at the Consumer Electronics Show in Las Vegas, Nevada. The next-generation extended range electric vehicle will be fully unveiled on January 12 at the North American International Auto Show in Detroit. (Photo by Isaac Brekken for Chevrolet)

The 2016 Chevrolet Volt electric car with extended range is unveiled Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The next-generation Volt has a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration. (Photo by John F. Martin for Chevrolet)

The 2016 Chevrolet Volt electric car with extended range is unveiled Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The next-generation Volt has a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration. (Photo by John F. Martin for Chevrolet)

General Motors CEO Mary Barra introduces the 2016 Chevrolet Volt electric car with extended range during its world debut Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The next-generation Volt has a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration. (Photo by John F. Martin for Chevrolet)

General Motors CEO Mary Barra introduces the 2016 Chevrolet Volt electric car with extended range during its world debut Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The next-generation Volt has a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration. (Photo by Santa Fabio for Chevrolet)

The 2016 Chevrolet Volt electric car with extended range is unveiled Monday, January 12, 2015 at the North American International Auto Show in Detroit, Michigan. The next-generation Volt has a sleeker, sportier design that offers 50 miles of EV range, greater efficiency and stronger acceleration. (Photo by John F. Martin for Chevrolet)

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Monday, May 4, 2015 - 10:00am

CAMPAIGN: GM Greener Vehicles

CONTENT: Press Release

DETROIT, May 4, 2015 /3BL Media/ – The Chevrolet Volt is poised to continue to bring new owners to the electric plug-in family. Pricing will be as low as $26,495 after the full federal tax credit of $7,500. (Federal tax credit can range from $0 up to $7,500.) In California, the vehicle’s largest market, residents of the state will be able to purchase the all-new Volt for as low as $24,995 after state and federal incentives.  

The 2016 model will start at $33,995 MSRP, including an $825 destination fee (excluding tax, title, license and dealer fees). This is almost $1,200 less than the current-generation Volt.

“The next-generation Chevrolet Volt delivers more technology, the ability to drive further between gas fill-ups and now with even more value to our customers. It’s what our loyal Volt owners told us they wanted,” said Steve Majoros, director, Chevrolet Marketing. “We are confident we will continue to attract new customers to Volt with the vehicle’s product improvements and attractive price.”

The Volt continues to be a success with the brand, with nearly 70 percent of Volt owners trading in a non-GM product or adding to their household fleet in 2014, the highest of any Chevy nameplate. The number one trade-in for the Volt is the Toyota Prius. To date, more than 75,000 first-generation Volt owners have driven hundreds of millions of EV miles.

Volt owners who charge regularly can expect to drive an estimated 1,000 miles or more between fill-ups, based on GM testing. The 2016 Volt will provide owners with impressive fuel economy of a GM-estimated 102 MPGe (electric) and 41 combined mpg on gasoline power.

The new Volt will offer a GM-estimated 50 miles of all-electric driving range on a single charge, a 31-percent improvement over the first-generation Volt. This means new Volt owners should anticipate that approximately 90 percent of trips in a new Volt will be driven all-electrically.   

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 115 countries and selling around 4.8 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature engaging performance, design that makes the heart beat, passive and active safety features and easy-to-use technology, all at a value. More information on Chevrolet models can be found at www.chevrolet.com.