SAN JOSE, CA - General Motors announced pricing on the 2011 Chevrolet Volt, the industry's first electric vehicle with extended-range capability, at the Plug-In 2010 conference. Starting July 27, participating Chevrolet dealers in launch markets will begin taking customer orders for the Volt.

Chevrolet will offer a lease program on the Volt with a monthly payment as low as $350 for 36 months at manufacturer's suggested retail price with $2,500 due at lease signing, including security deposit based on current conditions, which could vary at time of delivery. The benefit of the $7,500 tax credit is included in the reduced lease payment, with the tax credit going to the lessor. The Volt's MSRP will start at $41,000 ($33,500 net of the full federal tax credit, which ranges from $0-$7,500) including a destination freight charge of $720. Customer deliveries of the Chevrolet Volt are scheduled to begin in launch markets late this year with initial production limited.

The Volt will be initially available to Chevrolet customers in California, New York, Michigan, Connecticut, Texas, New Jersey, and the Washington D.C. area. A Volt dealer locator will be available later today at http://www.getmyvolt.com.

GM recently announced the Volt will come standard with an 8-year/100,000-mile battery warranty.