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Along with the Nissan LEAF it’s the most hyped car of recent times, yet for all the hoopla and publicity surrounding the Chevy Volt it appears that interest in GM’s extended range electric car is starting to wane.

According CNW Market Research, recent statistics bear this out. In March, more than 21 percent of so-called ‘early adopters,’ said they were likely to consider the vehicle. By July that number had dropped to just 14.6 percent.  It’s a similar story with ‘electric vehicle enthusiasts.’ In March, around 25 percent considered buying the Volt, now the total is down to just 17 percent.

And in fact, according to CNW; in just about every category, new car buyers  today are less likely to consider the Volt than at any time during it’s history. The big reason? The car’s rather steep MSRP. It seems most people whether enthusiasts or not just aren’t willing to fork out 40 grand for a Volt, even with incentives.

With findings like this, could  it be a sign that the electric vehicle craze  is running its course? Right now, it’s too early to tell, but there are indications that EVs may not be the solution  some automakers originally thought they would be.

[Source: USA Today]