GM proudly debuted to the public the Chevy Volt Plug-In Electric Vehicle – a Car that is NOT powered by a gasoline-fueled internal combustion engine, nor is it a hybrid. The Volt is electric, powered by a 400 pound lithium ion battery nestled beneath the floorboard, an energy source that is both silent, and entirely emission-free. GM, and it’s commitment to the future, is hoping to roll out the Volt with the 2011 Year Model.
The Volt will have only one electric motor, powered by its new battery, and will go up to 40 miles without using a drop of gas – effectively eliminating gasoline from the majority of American lives. This will reduce the current $700 BILLION USD spent on Importing Oil to America, Help the Environment and Help GM and US Business and Economy recover from the Bush-Cheney Nightmare. A Win-Win.
The Volt should cost less than 2 cents per mile to drive on electricity, compared to 13 cents a mile on gasoline at a price of $3.90 a gallon. The retail price may be in the USD $40,000 range.
GM is expecting to produce at least 10,000 Volts in the car’s first year and higher numbers after that.