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More Affordable Version of 2016 Chevrolet Volt in the Works

With the plug-in hybrid segment is becoming more crowded and competitive, it appears as though Chevrolet is gearing up for battle. Reports suggest the automaker is planning a second and more affordable version of the next-gen 2016 Chevrolet Volt so that it could beat its rivals in both range and price.
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2012 Chevrolet Volt vs. 2012 Toyota Prius Plug-in
2012 Chevrolet Volt In California HOV Lane Set for production in a little over a year, the 2016 Chevrolet Volt will share its underpinnings with the next-gen Chevrolet Cruze, which is also scheduled for production around the same time. Reuters reports that the next-gen Volt won’t sport any dramatic changes, except for the fact that it will have a much more affordable entry-level model. Much like Tesla, which offers two battery packs at different price points, Chevrolet plans on introducing a new Volt variant that will be equipped with a smaller battery and have shorter driving range. The cheaper Volt will cost a little over $30,000 to help it undercut rivals such as the 2014 Toyota Prius Plug-in ($30,800), the 2014 Honda Accord PHEV ($40,570), and the 2014 Ford C-Max Energi ($33,745). Reuters also suggests the new entry-level Volt would likely have a range of less than 300 miles and less equipment than the standard Volt.
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