Chevrolet recently announced a slew of details about its upcoming electric Spark EV, breaking down specifics of the engine and giving us a general idea of what to expect from the car. A couple of details were left out, however, most notably the price. Well, the company has now announced that, after tax breaks, the Spark EV will cost under US$25,000.

The Spark EV's electric drive system delivers 130 hp (110 kW) and 400 lb.-ft. (542 Nm) of torque but Chevrolet is still yet to reveal how far one full battery charge will carry you, saying only that the EV will have a "range among (the) best in EV segment." We'll have to wait and see what that actually means in terms of real numbers.

Chevrolet has also unveiled a little more information about the interior of the car. The Spark EV will have two seven-inch LCDs that display infotainment and key vehicle information including the expected range based on driving habits and other conditions. The company's MyLink smartphone integration system comes standard and Siri is also built-in (but you need to own an iPhone 4S or iPhone 5 to use it).

While no exact list price has been given for the Spark, GM says the new EV will be "priced under $25,000 with tax incentives." Electric car purchasers in the US receive a $7500 tax credit, so this would put the Spark's MSRP at around $32,500.

The initial markets for the Spark EV will be California, Oregon, Canada and South Korea.

Source: GM

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