There are rumors that GM is rushing to finish the production version of its Chevy Volt and is planning to unveil a showroom-ready model of the plug-in hybrid in September.
GM is racing Toyota to bring the first plug-in car to the marketplace, and it hopes this will improve its public image as a car maker of more than just gas guzzlers.
If the batteries' cost can be low enough, this could be a major improvement in the auto industry. The Volt will be designed to travel up to 40 miles without the combustion engine kicking in. That should allow most people to be able to use it for their daily commutes in all-electric mode. Electicity from the grid is much cheaper than gas and most of the grid energy is not from the Middle East.
Submitted: Jul 8, 2008
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View Article: http://news.yahoo.com/s/nm/20080707/tc_nm/gm_volt_dc
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Babble
(Unregistered)
Too little too late. Even if the Volt sells well it's not going to generate enough profit for GM. The company that purchased the Hummer is hopelessly behind the times.
The technology does sound promising though.
Posted: Jul 8, 2008