In a less explicit statement about the next-gen Volt's electric range, but still in context of the expected 20 percent increase, Akerson also tells Bloomberg that he hopes to see breakthroughs in battery technology that could further reduce cost and increase performance over the next couple of years. Already, the Volt's 16.5-kilowatt-hour battery's initial $800 per kWh price has dropped significantly due to volume and improvements in battery technology, according to Akerson. That's without mentioning the current cost to produce a battery, of course.
Last spring Akerson said that GM hopes to trim $10,000 from the Volt's price, currently at $39,145, through cost reductions. The goal is halfway met with the recent announcement of a $5,000 price drop for the 2014 Volt, which Akerson confirms in the interview was possible through "some cost savings by virtue of the evolution of the [battery] technology." Feel free to