Home / Auto News / News article: Volvo To Lease C30 Electric Car For $2,100 Per Month - AutoGuide.com News
 |  Mar 29 2011, 12:10 PM

Volvo recently revealed that it is looking for 400 early adopters to test a prototype of its 24 kWh all-battery powered C30 Electric car. Better get in line early, because the limited range, practically hand-made vehicle will be leased for just $2,100 per month.

Why bother with an every day C30 four-passenger, two-door hatchback, when the exotic version can be had for 7.5 times more? OK. Snarky leading sentences behind, here’s a bit of background: Some are taking this as a sort of honesty index – with Volvo showing  just how expensive developing a viable EV can be.

Its been alleged that presently Nissan has not pleased too many automakers for practically giving away its LEAF at $32,780 before $7,500 federal tax credit.

The first Smart ForTwo test EVs looked like a rip-off by comparison at $599 per month, but are those more realistically priced considering what it cost to develop such vehicles?

Like Smart’s initiative, the plan with its “DriveE-powered C30 is to get significant numbers on the roads as a test vehicle. Production versions that may be available by 2013 or so would come with a less-than-exorbitant electric powertrain, or so the plan goes.

For now, Volvo is calling on a pool of heavily subsidized, environmental-advocating organizations, government fleet users, and such. Its plan is they should ante up, so Volvo does not have to take the price hit in preparing to launch its EV.

About 300 C30 Electrics could be leased in Europe, and 100 in the U.S. – with 50 on the West Coast, and 50 on the East.

Sounds like a win-win between Volvo, “green” corporations, and other advocating entities spending other people’s money to help usher in the age of the EV.

[Source: Edmunds Green Car Advisor]

Video after the jump