Chevy Volt Finally Gets Official Pricing From GM

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Global warming and rising gas prices are forever a concern, especially to those who pride themselves in being extremely environmentally friendly. Fortunately, as gas prices continue to creep skywards, car manufacturers are coming frth to release extremely efficient models with high gas mileage ratings. However, just getting better MPG doesn’t exactly remedy the problem, it just puts a band-aid on it. Eventually, we will run into an energy crisis stemming from a shortage of fossil fuels and we will have to make the shift rewards completely electric vehicles.

While there have been some consumer vehicles such as the Tesla Roadster on the market, it is priced at quite the premium meaning it isn’t exactly accessible to the general public. Couple that with the fact that the battery life is sure to die after a somewhat short trip and you can see what the motoring world hasn’t made the complete shift towards electric vehicles.

Lucky for us, GM has had something up their sleeves with the Chevy Volt which combines the benefits of a fuel burning car with the benefits of an all electric vehicle. Basically, how this car works is it features 4 separate electric motors – one for each of the wheels. Additionally, it features a small gas burning engine. However, the gas burning engine is not used to power the car directly but instead used to power the electric motors making for an extremely efficient ride.

However, with all of this seemingly advanced technology crammed into a single vehicle, many have wondered if the price tag will be far out of reach of your every day driver. Today, GM has come froth to finally release the official pricing of the car.

Originally thought to be priced well above $60,000, GM has said that the Chevy Volt will be made available for $41,000 or $350 per month with a 3-year lease. Additionally, you can grab the $7,500 federal tax credit and bring the cost down even further to right around $33,500.

What do you guys think of the Chevy Volt? Let us know.