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Cars Interior of the Chevrolet Spark EV.

Published on May 24th, 2013 | by Nicholas Brown

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Chevy Spark EV Undercuts Competitions’ Charge Times & Prices

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May 24th, 2013 by
 

Editor’s Note: GM/Chevrolet may have hit the jackpot with the new Chevy Spark EV. The price is about $5,000 lower than was originally anticipated, just undercutting the Nissan Leaf. (I’m sure that wasn’t on purpose.) With a potential $10,000 cut in the cost of the Chevy Volt in the coming years, GM looks like it wants to take a big piece of the plug-in electric vehicle market. The competition is certainly heating up. For now, enjoy this repost from EV Obsession with more Chevy Spark EV details.

The 2014 Chevrolet Spark EV has undercut the prices of the rest of the electric vehicles on the market. At $27,495 without the federal tax credit (which is up to $7,500), it’s a real steal.

Interior of the Chevrolet Spark EV.

Chevy Spark Electric Vehicle.
Image Credit: Chevrolet.com

When the tax credit is factored in, you can purchase the car for $19,995, a very reasonable price. The California state tax rebate (and those in some other places) can provide an additional savings of up to $2,500, reducing the vehicle’s price to as little as $17,495!

I think the fact that it is the cheapest electric vehicle that seats at least four people on the market, and that it charges the fastest (in 20 minutes, to 80% of its capacity), makes it a real consumer contender. It also accelerates from 0-60 MPH in 7.6 seconds, which is considered “peppy,” faster than most cars.

chevy spark ev



Apart from that, it travels 82 miles per charge and achieves an efficiency of 119 MPGe (Miles Per Gallon Equivalent) with its 21 kWh lithium-ion battery bank.

Has Chevy pulled off another Volt? The Volt set the bar higher for plug-in electric vehicles with its generous interior room and its range extender, which enables it to drive anywhere on gas or electricity.

Chevy Spark EV.

chevy-spark-ev-4

“The Chevrolet Spark EV is the most efficient – and now one of the most affordable — EVs you can buy,” said Chris Perry, vice president of Chevrolet Marketing, in a press release yesterday. “Combined with outstanding infotainment and great design, the fun-to-drive Spark EV is engineered to impress.”

GM backs the Chevy Spark’s battery with an 8-year, 100,000-mile warranty.

On its website, Chevy pointed out some of the important advantages of electric vehicles, such as the lack of a transmission — at most, an electric vehicle will contain a single reduction gear to boost overall torque. Gasoline-engines actually use conventional transmissions to mimic the torque curve which is innate to electric motors.

I think GM and Chevrolet have a win here. What do you think? Will it take over the Leaf’s top spot?

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About the Author

writes on CleanTechnica, Gas2, Kleef&Co, and Green Building Elements. He has a keen interest in physics-intensive topics such as electricity generation, refrigeration and air conditioning technology, energy storage, and geography. His website is: Kompulsa.com.



  • Bill Percifield

    Just wish there were more state (in AZ. there are NONE) and federal tax incentives. This ridiculous one now of having to owe the the feds $7,500 in order to get it back is ludicrous! If you make that much money and owe that much in taxes, it’s likely you could care less about gas prices and the environment, so you probably drive a Hummer. Although the batteries ARE expensive, the Spark EV should be priced more like the gas model as they save money on NOT installing a gas engine and other related parts.

  • patb2009

    it’s going to need Level 3 chargers up and down the interstate, but, I think it will sell. at 20K, it’s a vital price point. The Volt is sitting at 40K, the Leaf close to 30K, here it’s going to be close to 20K, thats below the median price of a car.

    Actually this would make an ideal college kid car. Cheap to operate and, not a lot of range so they won’t go road tripping.

    • Bob_Wallace

      I don’t think people who drive long distances often are going to buy current EVs (except the Tesla S). Right now Lev3 chargers will make it reasonable to go about 2x-3x the range, not drive all day. Too many stops.

      They will make it possible to drive your EV to a new city if you relocate.

  • arne-nl

    Mmmm, have to see how many they can sell at that price. It is only slightly cheaper than the entry level LEAF, which is larger and better equipped.

    Let the battle begin. Three cheers for competition!

  • http://soltesza.wordpress.com/ sola

    Great new model. We need intense competition in EV-land in order to drive down the prices to mainstream levels.

    Will this be sold in Europe like the Volt/Ampera?

    • Bob_Wallace

      More importantly, we need higher manufacturing volumes to bring down the cost of batteries.

      Once batteries drop below $200/kW then sales are really going to take off.

      And when ranges get around 175 miles along with good purchase prices then sales will go ballistic.

      • Marshall Harris

        I understand that with economies of scale, that the cost of producing lithium-ion battery packs will eventually fall. Do we have an idea of what timetable that could happen on in an ideal world? How many electric cars could hypothetically be on the road?

        • Bob_Wallace

          Some time back Carlos Ghosen, Nissan CEO, said about 500,000. But I suspect that’s high.

          A few months back one industry research company stated that the price would be in the $250/kW range in 2014.

          And we’ve got new technology heading into production that sidesteps the normal cost curve. A much improved anode/cathode could quickly drop prices while materials and manufacturing prices were declining at a slower rate.

          I suspect battery companies are working so hard to grab a big piece of this future market that it will be “sooner than later”. Obviously, no guarantee.

          • Marshall Harris

            “Some time back Carlos Ghosen, Nissan CEO, said about 500,000.”

            500,000 units for the price to fall or is that the limit of lithium ion batteries that could be made?

          • Bob_Wallace

            500,000 for the price to fall. There’s no shortage of lithium. And it’s not expensive.

        • arne-nl

          Marshall,

          “hat the cost of producing lithium-ion battery packs will eventually fall.”

          Forget about that ‘eventually’. It’s what everybody keeps saying but it doesn’t work like that. The price of lithium ion batteries is falling gradually and continuously.

          • Bob_Wallace

            Anne is correct. Lithium-ion batteries have been falling.

            Prices are not easy to find, I don’t know of a site where one can see the prices of batteries sold in large quantity to EV manufacturers like you can track solar panel costs.

            From the bits and pieces of information I’ve seen batteries started at about $1,000/W and have likely fallen to at least $400/W. They might be as low as $300/W now.

            I read that $200/W is the point at which EVs become nicely priced. As fast a technology and manufacturing is moving these days I wouldn’t be surprised to see us hit that level soon.

            I think a lot of people see immense amounts of money to be made as batteries replace gasoline. People must be working very hard at every level. If you’re in the materials business you want to be a major supplier of lithium and other ‘ingredients’, if you’re a battery researcher you want your design to dominate, if you’re someone who designs how the factory floor works….

          • Marshall Harris

            Good stuff – glad to hear. My next car may very well be an EV

        • patb2009

          for every 10X in manufactured units, figure 5X in Energy/Dollar.

  • http://www.facebook.com/rhodomel.meads Rhodomel Meads

    Excellent price. I hope it would be as reliable as a Volt. Tested already for over a million miles. I would need an average of 80 mile daily commute and it would be scary range anxiety for me. If there is an option for increased battery range, like 100 mile range or more, I am willing to pay $5,000 more and get this one as our second car.

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