The price of power
GM says its battery cell cost per kilowatt hour has dropped under its partnership with supplier LG Chem
2010: Chevy Volt launch | $300-350* |
2016: Chevy Bolt launch | $145 |
2022: GM projection | $100 |
* Estimate, Navigant Research | |
Source: GM | |
DETROIT -- When General Motors launched the Chevrolet Volt plug-in hybrid in late 2010, it was panned by many as an overpriced, money-losing experiment.