blogs  
 
yournews
   
 
Video Photos Finance Travel Weather Discussion TV Shows
| |
 
  Home ›
 
Business News

 

General Motors unveils electric car
Posted: 17 September 2008 0802 hrs

  The Volt
 
Photos  of

   
 


WASHINGTON: General Motors Tuesday unveiled its electric car, the Volt, from its Detroit headquarters on the company's 100th anniversary.

The Volt has a battery-powered electric motor that runs the car for up to 65 kilometres.

A gasoline-powered engine generates electricity to replenish the battery, giving the car hundreds of additional miles, GM said in a statement.

"Revealing the production version of the Chevy Volt is a great way to open our second century," said GM chairman Rick Wagoner, adding the car responded "to today's and tomorrow's energy and environmental challenges."

The Volt can be charged in eight hours with a standard household 120 voltage outlet or three hours with a 240 voltage outlet.

GM estimates the Volt will cost about two cents per mile to drive with battery power, compared to 12 cents per mile with gasoline priced at US$3.60 per gallon.

The car also boasts of one of the most aerodynamic designs of any car in GM's history, according to the statement. Other features include a touch-sensitive infotainment centre and Bluetooth connectivity for a cell phone and music streaming.

The car has a maximum speed of about 160 kilometres an hour.

Production of the Volt in the US should begin in 2010.

The company has not officially announced a price for the car, but it is expected to cost more than US$30,000.

The Volt is part of a trend in the US automobile industry to move towards smaller, more environmentally-friendly cars as customers abandon large and gas-guzzling sport-utility vehicles.

The company currently has five "hybrid" cars on the market, which run on electric power and automatically switch to a diesel engine when the battery runs low.

- AFP/yb

 


Other business News
Eurozone sets conditions for Greek bailout
Banks agree US$25b deal for US homeowners
China releases Jan trade data
Flights back to normal Friday after strike: Air France
M'sia trade expected to grow at slower pace
US stocks gain on Greece, bank mortgage deal
Euro edges up as Greece inks reform deal
Oil prices rise on Greek deal
Eurozone stalls Greek cash aid pending new conditions
China says January exports expected to have dropped
Greece says agreement reached on austerity measures: ECB
ECB holds key interest rate steady at 1.0%
OPEC cuts 2012 oil demand forecast
China's January inflation hits 3-month high
Spain's economy to worsen in Q1
Indonesia cuts interest rate to record low
Malaysia sees record trade in 2011
Rio Tinto earnings down 59% on aluminium write-down
Asia stocks mixed on Greek fears, China inflation
China's Alibaba raising US$3b for Yahoo! stake

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions