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Chevrolet is cutting the sticker price on the Spark EV by $1,650 and adding cash incentives that will allow buyers to get the battery electric minicar for as low as $14,995 after federal and state tax breaks.

Chevy also has begun offering a lease offer of $139 per month for 39 months with no money down.

General Motors is the latest automaker to cut EV prices as lower fuel prices make green cars a tougher sell. On Monday, the average price for regular gasoline was $2.41, down from $3.65 a year ago, according to the U.S. Energy Information Administration.

Chevy spokeswoman Annalisa Bluhm said lower fuel prices are not a factor in the price cut and added incentives. She said Chevy wants to reach more customers.



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Chevrolet Slashes Spark EV Prices - Offers $0 Down $139 Month Leases To Jump Start Sales

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