With fuel prices anticipated to rise, General Motors anticipates increased demand for the Chevrolet Volt. To stay ahead of the game, the automaker reportedly plans to double production capacity for the plug-in hybrid.
Production was originally pegged at 10,000 this year and 60,000 next year, but if the increased capacity comes to pass, those figures could increase to 25,000 this year and 120,000 units next year. This strategy depends on parts availability, however, and if the outsourced parts necessary to build more Volts can’t be ramped up by OEM suppliers, the plans could be cut short.
As has been reported, in addition to the Volt itself, GM is evaluating possibilities to apply the car’s gasoline-electric drivetrain to a range of additional products across different GM brands.
[Source: Bloomberg]
