How much would you pay for the world’s first range extended electric vehicle? Well, someone out there is willing to pay $185,000. On Nov. 30th, General Motors put the first unit of the Chevrolet Volt up for auction with the proceeds going to benefit math and sciences education in the Detroit Public Schools.
The bidding started at $50,000 for the $41,000 Volt and two days later it hit $180,000. The bidding closes later today at 6 p.m. and currently stands at $185,000. Each incremental bid must total $5,000, meaning there has been only 1 bid since Dec. 2.
If you’re interested in bidding you can do so before 6 pm at www.bidonthevolt.com. We’ll let you know how much the first Volt sold for later today if anything drastic happens. Stay tuned.
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:
– By: Omar Rana