The Chevy Volt price has long been contested due to a variety of factors including but not limited to: Production costs, part sourcing, battery selection and assembly plant location. Over the last year, we have seen a variety of prices floated by different GM Execs.
Initially the price of the Volt was rumored to be around $30,0000 however by April 2008, the price had risen dramatically to a staggering $48,000 according to Robert Lutz. He went on to say the price could be offset by government tax incentives, but those could not be factored into the price until they were verified (as of this writing no dice!)
Then, in August of 2008, the CEO of GM Rick Wagoner came out and said the the price would actually be in the "high to mid 30s". While this would be a little more palatable, in the eyes of many consumers a $40k price tag is still beyond the reach of many in today's sagging economy.
One would expect that as Chevy takes more truck plants offline, one of them could be retro-fitted to support production of the Volt. However as we have seen in recent months, that is not the case. Instead Chevy has added capacity to its existing plant in Detroit/Hamtramck Assembly in Detroit, Michigan.