Chevrolet Volt Losing The Interest Of Consumers

Huw Evans
by Huw Evans

Along with the Nissan LEAF it’s the most hyped car of recent times, yet for all the hoopla and publicity surrounding the Chevy Volt it appears that interest in GM’s extended range electric car is starting to wane.

According CNW Market Research, recent statistics bear this out. In March, more than 21 percent of so-called ‘early adopters,’ said they were likely to consider the vehicle. By July that number had dropped to just 14.6 percent. It’s a similar story with ‘electric vehicle enthusiasts.’ In March, around 25 percent considered buying the Volt, now the total is down to just 17 percent.

And in fact, according to CNW; in just about every category, new car buyers today are less likely to consider the Volt than at any time during it’s history. The big reason? The car’s rather steep MSRP. It seems most people whether enthusiasts or not just aren’t willing to fork out 40 grand for a Volt, even with incentives.

With findings like this, could it be a sign that the electric vehicle craze is running its course? Right now, it’s too early to tell, but there are indications that EVs may not be the solution some automakers originally thought they would be.

[Source: USA Today]

Huw Evans
Huw Evans

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  • Bobolink Bobolink on Aug 17, 2011

    Consider the source. According a previous headline grabbing CNW Market Research report, a Hummer costs less per mile to operate than a Prius. Anyone who can think critically will laugh at that conclusion. Now, despite EV's like the Volt being sold out with waiting lists, they make another headline bid for relevancy. And once again, anyone who can think critically will laugh at that conclusion.

  • MrEnergyCzar MrEnergyCzar on Aug 17, 2011

    Good luck getting one, wait in line. I've been waiting 11 months....

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