Operations

GM Responds to Growing Alternative Fuel Market

LCT Staff
Posted on January 10, 2007

DETROIT — General Motors recently unveiled its newest concept car, the Volt, a mass-market electric car that runs with little or no gasoline, at the North American International Auto Show.

The battery-powered car is designed to run for 40 miles on pure electric power and, according to the company, will lead to an average annual fuel savings of 500 gallons of gasoline. GM’s last attempt at establishing an electric vehicle program was the 1996 launch of the EV1. The Volt has a faster highway speed, smaller batteries, and more room than the EV1.

The Volt is expected to be ready for production in two-to-three years, and GM says it plans to offer hybrid technology in several of its vehicles, including its Saturn Vue, Chevrolet Malibu, Chevrolet Silverado, and GM Sierra.

Source: Reuters

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