Chevrolet Volt 2.0: What to Expect
Overall propulsion package: The current in-line series packaging of the 4-cylinder engine, the two electric motors and the multiple planetary clutches was a heavily patented revolution in the automotive industry, and remains light-years ahead of the competition. It could change, but at a bare minimum the arrangement may have been simplified for cost, size and weight savings.
Battery size: This is a biggie -- both in terms of cost and potential. The current battery is 16.5 kW. Maximum U.S. tax savings -- $7,500 federal tax credit -- are reached at 16 kW. Therefore, expect the new battery to be 16 kW. However, the composition of the chemistry, as well the cooling and heating, will most likely have changed -- perhaps dramatically.
Battery placement: The current battery is a T-shaped one, which prevents a middle passenger in the back. That's a huge drawback. For this reason, GM would certainly have an incentive to find a way around it. Perhaps split up the battery into two more distinct parts, or do whatever else is necessary to make this a five-person car instead of a four-person car. It does not look like GM will take the approach of many other electric cars and make the batteries a part of a thin/flat floor.
Cost: This follows from the battery and is the biggest biggie of them all. The cost of manufacturing Volt 2.0 will be thousands of dollars lower than the current Volt. Most likely, the biggest contributor here will be a less-expensive battery, despite improved battery performance.
Price: Despite falling cost, don't expect the price of the Volt to fall by much. Perhaps $1,000 -- perhaps nothing. The new car will be better, and GM needs the margins to improve. Heating/cooling: One of the complaints of the Volt has been the four-way heat exchanger does not yield enough heat or A/C to make all four occupants happy. Expect major improvement here. Interior: Volt 1.0 has a very busy interior, with too many creases, shapes and folds of really cheap plastics. Expect a major upgrade to this situation, which may even reduce cost given the complexity of the Volt 1.0 dashboard.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV