Chevy sets Spark EV price below 20 grand

Chevrolet announced pricing for its 2014 Spark EV electric car today at $27,495, reducible to below $20,000 after applying federal tax credits.

Chevrolet Spark EV
Chevy says that, after federal tax credits, the Spark EV can be had for less than $20,000. Wayne Cunningham/CNET

Forget pricey Teslas; Chevrolet announced pricing for its Spark EV model at $27,495. If a buyer qualifies for the full federal tax credit of $7,500, that price drops to $19,995.

The Spark EV goes on sale in June but will be limited to California and Oregon. California owners will be able to apply further credits up to $2,500. Oregon may be less friendly, as the state considers charging electric car owners a special per-mile tax.

Chevrolet's announcement also notes that dealers can offer lease deals for $199 per month, and that the Spark EV will save owners an estimated $150 per month in fuel charges.

The Spark EV is not the lowest-priced electric car hitting the market. The Smart Electric Drive goes for $25,000 before tax credits or other state incentives.

The Spark EV is based on the Chevrolet Spark , a compact car with a 1.25-liter four-cylinder engine, and a price tag of $13,745. As the Spark EV, the model gets a range of 82 miles from its 21kWh lithium ion battery pack.

Chevrolet also notes that it is designed to work with multiple DC fast-charging stations. A cabin electronics feature will help owners plot routes with charging stations as waypoints.

Read the full CNET Review

2013 Chevrolet Spark

The Bottom Line: The 2013 Chevrolet Spark includes some intriguing features for its price, but bizarre limitations in the cabin electronics and low horsepower create too many compromises. / Read full review

About the author

Wayne Cunningham reviews cars and writes about automotive technology for CNET. Prior to the Car Tech beat, he covered spyware, Web building technologies, and computer hardware. He began covering technology and the Web in 1994 as an editor of The Net magazine. He's also the author of "Vaporware," a novel that's available as a Nook e-book.



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