I'm going to need a loan for this one, unfortunately this will surely drive gas prices up to the $5.00 mark or higher.
http://www.reuters.com/article/rbssC...51573320090811
Quote:
DETROIT, Aug 11 (Reuters) - The Chevrolet Volt -- the electric vehicle General Motors Co [GM.UL] is counting on to recharge its image with consumers -- is on track to hit an unprecedented fuel economy rating of 230 miles per gallon in city driving, the automaker said on Tuesday.
GM Chief Executive Fritz Henderson said the Volt would get a "triple-digit" fuel economy rating for combined highway and city driving based on a draft standard developed by the U.S. Environmental Protection Agency.
"The Volt is becoming very real, very fast," Henderson said in an announcement at GM's technical center that was webcast to the public.
The Volt, which will be introduced late next year, is designed to run for 40 miles from a single charge of a lithium-ion battery pack. After the battery is partly depleted, a small combustion engine is designed to kick in to recharge the battery and power the vehicle
|