Chevy Volt: GM Claims Electric Car On Track For 2010

Reuters:

WILMINGTON, Del., June 3 (Reuters) - General Motors Corp said on Tuesday its all-electric Chevrolet Volt was on track for a launch in 2010 after the company's board approved funding for production of the high-profile plug-in vehicle.

"The Chevy Volt is a go," GM Chief Executive Rick Wagoner told reporters ahead of the company's annual meeting with shareholders in Wilmington, Delaware.

"What we're saying with this approval is that the GM management and board believe the technical goals of the Volt are not only achievable, but achievable generally within the time frame we previously outlined," Wagoner said.

Read the whole story: Reuters

Comments

[joefargo]

At 40 miles per charge, I think I would rather buy a Phoenix Motorcar, Zen or Tesla. I want at least 100 miles. But, nice try GM....keep trying too.

[TheJibreelaMonsters]

you people are horrible... that is a car made by a fellow American by an American Company and all I see is bitching and moaning. You people wonder why manufacturing jobs leave America for China...

[ErnestineBass]

SO TF WHAT?

GM's 8 mpg Hummer was made by Americans, too, Jeebs, and NOBODY'S BUYING THEM any longer.

The consumer has spoken...whaaaaat's that? You really DON'T believe in the "free market"?

Hypocrite.

[mamacat]

I hate to quote George Will, but in regards to GM, I am a pessimist, hoping to be proven wrong.

I do not doubt that GM has tremendous reserves of both capital and engineering resources, so that the Volt is on one level acceptably, potentially, conceivable. However, given their track record of making the wrong choices, I do not expect them to make a success of this venture. It goes against their nature to voluntarily produce a car that is both affordable and fuel efficient.

[ErnestineBass]

40 miles to a charge?

Typical GM @sshattery.

[TimmySlagle]

Whaaa?

I thought GM was paid off by the Oil cartels to bury the electric car, because it runs forever without pollution or fuel?

[Kurt]

unless the price of gas goes down, then they will destroy it as they did the electric car previous to this one -- GM has to learn it should not be dependent on the fickleness of the oil companies