Results tagged “chevyvolt”

Flush with socialist bailout money, General Motors is now trying to destroy the oil industry with a car that will get 230 miles per gallon in city driving! GM calls it the Chevy Volt and classifies it as an "extended-range vehicle" powered by an electric motor and a battery pack with a 40-mile range. (After that, a small internal combustion engine takes over to generate electricity for a total range of 300 miles.) Toyota’s Prius, the most fuel-efficient hybrid sold in the U.S., gets 48 miles per gallon and looks like a Hummer 3 by comparison. GM CEO Fritz Henderson promises that at the U.S. average cost of electricity (approximately 11 cents per kWh), a typical Volt driver would pay about $2.75 for electricity to travel 100 miles, or less than 3 cents per mile. Of course, big oil still has some time to assassinate Henderson and burn down GM's R&D labs—the first-generation Volt is expected to cost about $40,000, which most consumers might not swallow even if gasoline returns to $4 per gallon. And the E.P.A. still has run its own tests to confirm GM's assertions, but the company says Volt is on schedule to reach showrooms late next year. But whatever happened to the P.U.M.A.!?