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Friday, December 24, 2010

GM to Expand Volt Range to Three Models by 2015

General Motors will look to expand its lineup of extended range electric cars to three models by the time the current Chevrolet Volt’s production cycle has run its course. At least that is GM’s plan for the European market under the Opel/Vauxhall brands where GM has just launched the sister car to the Volt, the Opel Ampera.

According to a report by AutoCar, the new models will arrive in 2015, with the most important being a successor to the original Volt, which will grow in size.

According to GM Europe president Nick Reilly, the ‘Ampera’ family of cars will also include a Astra-sized hatchback, as well as a five-seater crossover – likely based on the Volt MPV5 concept (above), which debuted earlier this year at the Beijing Motor Ahow.

The cost for producing vehicles like the Volt is predicted to decline significantly says Reilly, commenting that GM believes the electrical components required to build the Volt’s powertrain will drop in price by 50 percent over the next five years. Those cost savings, combined with increased popularity of EVs and continued government incentives will drive of demand of such vehicles in the future, allowing GM to expand its lineup to meet the market.

[Source: AutoCar]

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