General Motors (GM) Officially Launches Chevy Volt

The glam and glitz continues as the Chevy Volt nears its debut on US streets.  While the company announced the beginning of production at its plant in Detroit, a few hundred have already been built and will be sold in a few major cities.  The car is expected to get 93 MPG when using all electric in that first 35 miles and 37 MPG when running on gas for a combined 60 MPG which could be expected for a long distance trip.  In my opinion, those numbers aren’t impressive enough to warrant a $40K price tag, but early adopters won’t care.  The key of course for mass adoption will be getting the cost down to under $25K and the price of oil will have an impact. 

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