Rent, not buy – that’s the idea being presented by General Motors for its new electric car, the Chevrolet Volt, which is due to go on sale in Europe by the end of the decade.
The US giant is intending leasing the model’s battery pack to customers, keeping the purchase price down and offering similar running costs to those of the Vauxhall Vectra. What’s more, the company says it can make the project profitable.
First seen at the Detroit Motor Show in January, the Volt is a sporty two-door. It’s powered by a 1.0-litre three-cylinder turbocharged engine, backed up by an electric motor and, of course, a battery pack – which is estimated to provide a range of 40 miles, and have a 10-year lifespan.
GM estimates the average Volt owner would shell out only £12 a month on petrol. At April’s Shanghai Motor Show, the firm unveiled a new version of the model with a hydrogen fuel cell. But at Frankfurt in two weeks’ time, a further step forward will be made when a more practical, family-style Volt concept is revealed. This will be powered by a diesel-hybrid drivetrain.
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