Even with an identity crisis the Chevrolet Volt qualifies for a $7,500 tax credit
Whatever you want to call the 2011 Chevrolet Volt – an extended range electric-vehicle or a plug-in hybrid or a even a really advanced hybrid – you can’t deny the fact that the model is an amazing piece of automotive machinery in this day and age.
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No matter what side of the debate you’re on, one thing is certainly clear, the 2011 Chevrolet Volt is eligible with the full $7,500 tax credit. And before you go and jump and start a debate on that tax credit, you should know that the credit has nothing to do with the Volt being a pure electric-vehicle. The tax credit is for any vehicle that can “draw propulsion using a battery with at least four kilowatt hours that can be recharged from an external source of electricity.”
Prices for the 2011 Chevrolet Volt start at $41,000 and with the full tax credit – it will cost you $33,500.
Click here to read our first drive impressions of the 2011 Chevrolet Volt.
Refresher: The 2011 Chevrolet Volt is powered by 16-kWh, “T”-shaped lithium-ion battery that powers the electric drive unit, which allows it to drive 40 miles on battery power alone. The system puts out 149-hp and a maximum torque of 273 lb-ft, allowing the Volt to go from 0-60 mph in about 9 seconds, hitting a top speed of 100 mph. The battery can be re-charged by plugging into a household outlet and takes 4 hours to recharge on 240 volts, and about 10-12 hours on a standard 120-volt outlet. The Chevrolet Volt also carries an 84-hp 1.4 4-clyinder engine that allows the five-door, FWD sedan to travel additional miles while averaging a fuel-economy of 50 mpg. A fully charged battery and full tank of gas will allow the Volt to travel 310 miles. Prices for the 2011 Chevrolet Volt start at $41,000 but with a full federal income tax credit (which range from $0 to $7,500), the Volt can cost a total of $33,500.
2011 Chevrolet Volt:
– By: Omar Rana