GM's much-anticipated Chevy Volt is expected to cost $40,000. David Kiley, senior correspondent in BusinessWeek, says the high price is because of the cost of the battery. He says, however, that once the government's incentive is factored in, the price of the car will drop to around $32,000.
High Cost Of Batteries Affects Price Of Electric Car
News & Features National Public Radio · NPR ·