As reported by CNN in 2008, the General Motors Volt has cost over $250 million to produce. Most of the cost is due to the vast amount of resources GM has placed in it’s battery development department. It appears that the Volt will not be on the market until 2011 and therefore has probably cost GM more than the $250 million they last reported two years ago. It will also debut at a high price and may take GM several more years to release a more affordable and profitable model.
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