First 2011 Chevrolet Volt to be auctioned off, bidding starts at $50,000
Do you want the first Chevrolet Volt ever built? Well, you can’t have it unless you with an auction. GM is auctioning the first unit of the 2011 Chevrolet Volt with the proceeds going to benefit math and sciences education in the Detroit Public Schools.
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“Every aspect of the Volt – from its aerodynamic shape to its battery chemistry – is a testament to the importance of math and sciences,” said General Motors North America President Mark Reuss. “By encouraging Detroit-area students to pursue these topics, we hope to cultivate the next generation of engineers who will build upon the Volt’s innovative technologies.”
Bids for the first Volt will be accepted until Dec. 14 at 6 p.m. at www.bidonthevolt.com. The opening bid is $50,000.
Hit the jump for the press release.
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 340 miles. The 2011 Chevrolet Volt gets an EPA estimated 93 miles per ’gallon-equivalent’ when driving under electric power only, 37 mpg when in gasoline mode and over the long term it is estimated to get 60 miles per gallon in combined gasoline-powered and electric-powered driving. 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:
First Chevrolet Volt for Sale to be Auctioned Online, Benefitting Math and Sciences Education in Detroit Public Schools
- Bidding begins today at www.bidonthevolt.com; winner to be announced Dec. 16
DETROIT – The first Chevrolet Volt available for retail sale will be offered at public auction with the proceeds benefiting math and sciences education in the Detroit Public Schools.
Reuss announced the auction during an event at Detroit-Hamtramck Assembly, where the Volt is assembled. At the event, Reuss announced the first Volt built during regular production will be retained by Chevrolet in recognition of the team’s efforts to bring the revolutionary car from concept to reality. The first Volt bearing the vehicle identification number ending in BU100002 – will be auctioned with all proceeds benefitting the Detroit Public Schools Foundation.
The Volt offered in the auction has a Viridian Joule exterior, Light Neutral interior with dark accents, Premium Trim Package, Rear Camera and Park Assist Package, and polished wheels. The auction also includes a 240-volt charging station and home installation. The opening bid is $50,000.
Bids for the first retail Volt will be accepted at www.bidonthevolt.com until 6 p.m. on Dec. 14. The winning bid will be announced by Chevrolet on Dec. 16. The winner’s Volt will be delivered in December.
Funds raised through the auction will be donated to the Detroit Public Schools Foundation to support initiatives such as robotics competitions – including students’ entry fees, travel costs, and competition-related equipment.
“One of our primary focus areas is science and math enrichment,” said Chacona W. Johnson, President & CEO of the foundation. “Knowledge of science, technology, engineering, and math is critical for the success of our students in higher education, and in their future careers in the 21st century workforce.”
The tax-exempt Detroit Public Schools Foundation is dedicated to supporting Detroit students. In addition to science and math enrichment, the foundation supports fine and performing arts programs; early childhood investment; building academic and athletic leadership; and college preparatory investment.
“An estimated 80 percent of jobs in the next decade are going to require skills based in math and science. With the support of GM, Detroit students will be better equipped to make a difference in Detroit, in Michigan, and in the United States,” said Robert Bobb, Detroit Public Schools emergency financial manager. “We appreciate General Motors’ support in developing the next generation of engineers.”
The Chevrolet Volt is an electric vehicle that can operate under a range of weather climates and driving conditions with little concern of being stranded by a depleted battery. The Volt has a total driving range of up to 375 miles, based on EPA estimates. For the first 35 miles, the Volt can drive gas- and tailpipe-emissions-free using a full charge of electricity stored in its 16-kWh lithium-ion battery. When the Volt’s battery runs low, a gas powered engine/generator seamlessly operates to extend the driving range another 340 miles on a full tank.
– By: Omar Rana