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December 2, 2008 8:40:13 PM CST

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GM Rolls Out Volt Tomorrow; Hopes for Game-Changer

Posted Sep 15, 08 11:20 AM CDT in Business,  Technology 

(Newser) – General Motors will unveil its new Chevy Volt tomorrow, hoping that the battery-operated car will reverse its long reputation as a gas-guzzling industry dinosaur and attract devotees of competitors' hybrids, reports the Wall Street Journal. GM hopes the Volt, a lithium-ion-powered car due to hit the market in 2010, can help the company regain some cred as an innovator.

"We have to deliver," says one GM exec. The Volt is "very important to our entire strategy." The Volt, which likely will carry a price tag in the upper $30,000s, has stirred significant interest with more than 40,000 names on an unofficial waiting list. The company hopes initially to build 60,000 units a year. Said one wannabe owner: "I wake up in the morning thinking about it."

Source Wall Street Journal

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In this Jan. 12, 2008 file photo, a Chevrolet Volt concept is introduced at GM Style event in Detroit.   (AP Photo/Paul Sancya, file)
In this Sept. 12, 2007 file photo, a man inspects the GM Chevrolet Volt at the 62nd International Auto Show (IAA) in Frankfurt, Germany.   (AP Photo/Thomas Kienzle, file)
In an undated photo provided by General Motors, Andrew Farah, the Volt's chief engineer, is shown with the rechargeable car in Detroit.   (AP Photo/General Motors)
General Motors chairman and chief executive officer Rick Wagner.   (AP Photo/Pat Crowe II)
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There is no doubt I'm going to get a Volt. I wake up in the morning thinking about it. - Toyota owner George Kalkas, an enthusiast for fuel-saving technologies.

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General Motors • gas prices • alternative energy • electric cars • automaker • Chevrolet Volt


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