Using a dedicated 240 volt outlet, Spark EV recharges in less than seven hours.
Chevrolet has cut its Spark EV 1LT suggested retail price to $25,995, a $1,650 discount. Depending on an individual’s tax situation, the Spark EV is eligible for federal tax credit up to $7,500. The subcompact EV is only sold in California, Oregon and Maryland. Nissan Leaf, the best-selling EV, sold nationally, starts at $29,860.
The original 2014 model Spark EV started at $32,500 or roughly 2.5 times that of a gasoline-powered minicar without incentives. The entire EV segment in the U.S. is under extreme pricing pressure because of scarce buyers.
California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption. Additional Chevrolet bonus cash is also available: $1,000 in California, $1,200 in Maryland, and $3,500 in Oregon.
After full federal and state tax credits and Chevrolet bonus cash, the Spark EV could be as low as $14,995. A $139 per month sign-and-drive lease for 39 months with $0 due at signing including security deposit but excluding tax, title, license and dealer fees, is also available, making the Chevrolet Spark EV one of the most affordable EVs on the market.
“Chevrolet is committed to making EV driving more accessible, affordable and fun,” said Steve Majoros, director of Chevrolet Car and Crossover Marketing. “The Spark EV is already the most efficient – and one of the most affordable – EVs you can buy.”
The Spark EV features a combined city/highway EPA estimated range of 82 miles when fully charged and an EPA-estimated combined city/highway 119 MPGe fuel economy equivalent.,
