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Aug 11, 2009, 12:45 p.m. EST

GM: Electric Volt car will get 230 miles per gallon

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By Shawn Langlois & William Spain, MarketWatch

SAN FRANCISCO (MarketWatch) -- General Motors said Tuesday its new Chevy Volt will get 230 miles per gallon in the city, dwarfing the current mileage leader and giving the automaker reason to crow about its strides in fuel efficiency.

GM, fresh out of bankruptcy, is looking to the Volt to highlight a parade of 25 new vehicles by 2011 aimed at stemming market-share declines and bringing the automaker back to profitability. The Volt could also give GM a much-needed makeover in terms of its reputation for lagging behind the push toward "green" technology.

Scheduled for late 2010, the Volt will be able to travel up to 40 miles on electricity from a single charge, based on testing of pre-production prototypes and extend its overall range to 300 miles or more using a flex fuel-powered engine-generator.

The small engine is only used to power the battery.

Chevrolet

Actual gas-free mileage will vary depending on the length of travel, the number of passengers, cargo weight and other factors, the company said. The 230 miles per gallon figure is based on tests that used new federal fuel economy standards for plug-in cars.

Fritz Henderson, chief executive of the bailed-out car company, said the Volt is expected to be a "game-changer" for the industry.

"From the data we've seen, many Chevy Volt drivers may be able to be in pure electric mode on a daily basis without having to use any gas," he said in the announcement, citing data from the Department of Transportation data that almost 80% of Americans commute fewer than 40 miles a day.

Using methodology from the Environmental Protection Agency, GM said it expects the Volt to use as little as 25 kilowatt hours per 100 miles in city driving which means that it will cost less than 3 cents per mile to operate.

The competition to push electric technology is heating up, as Ford, Chrysler, Daimler and Toyota are all developing plug-in vehicles. For now, the Volt is taking aim at Toyota's Prius, which achieves 51 mpg with a $22,000 starting price tag.

The Volt is expected to retail for about $40,000.

Shawn Langlois is a reporter for MarketWatch in San Francisco. William Spain is a MarketWatch staff writer in Chicago.

Comments (356)

marioc30 1 hour ago

+10 Votes (10 Up / 0 Dn)
 
 
It all boils down to economics, if the Volt is going to sell for $40,000 or more, other cars like the Prius make more sense, in the long run. Electric cars make sense, but they have to be produced at the right price.

hungry4food 1 hour ago

+1 Vote (3 Up / 2 Dn)
 
 
NO NEED for Cap and Trade Now !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Demaris 1 hour ago

+6 Votes (7 Up / 1 Dn)
 
 
230 mpg but what will the electricity cost us once demand spikes as our country moves from gasoline to electricity

To boot, I'm National Grid.

CardiacKid 1 hour ago

+9 Votes (9 Up / 0 Dn)
 
 
At $40,000/40 miles I wouldn't think the 'spike' will come any too soon. If they can get it down to $20,000 and go lets say 100 miles per charge, they would have something.

sweettweet 54 minutes ago

+5 Votes (9 Up / 4 Dn)
 
 
I just saw the headline, punched in and started reading this sham of an article, which doesn't tell the "whole story" once again, and I only read the last few comments all the while thinking exactly what you wrote. So people now believe by going electric we cut the umbilical cord from oil.......we reduce the cost at the pump and it's a glorious day for all.....until they find out their electric bill (forget battery replacement for now) will set them on the road to the poor house once again. What I find amazing is, the technology is out there, and has been for years, to get us off oil, become more independent, but big business and big gub't is killing anything that is real.

SteenkingBadger87 42 minutes ago

+2 Votes (4 Up / 2 Dn)
 
 
And with all the new taxes proposed for running the polluting coal plants out of business, we shouldn't expect to see any reduction in the cost of electricity.

Bilo 31 minutes ago

+4 Votes (4 Up / 0 Dn)
 
 
So tell us about this technology that is out there that will "get us off oil." Do you think that if ANY car company had the technology to do that in a cost feasible way, that they would hold back from bringing it to market? The exodus from gasoline powered engines has started, but it will be a slow evolutionary process, not a magic pill.

I heard that the planet Earth is really flat......got any inside info on that one?

Simpleinstrument 43 minutes ago

-6 Votes (1 Up / 7 Dn)
 
 
Would be worried about the car not charging because it's not your peak time. GM will probably have a way to pay the electric company for you with automatic deductions for a small fee of course. Oh yes; we don't have to worry about those pesky terrorist either... they will be able to slow your car to a stop and unlock the door while feeding GPS to homeland security.

disgruntledvoter 59 minutes ago

+6 Votes (7 Up / 1 Dn)
 
 
I'll wait for the Tesla Model S due in 2011. $50K for a much nicer car, a range up to 300 miles, a 45-minute QuickCharge and 0-60 mph in 5.6 seconds.

zeejay 53 minutes ago

+5 Votes (6 Up / 1 Dn)
 
 
I dunno about the volt but i'm really interested in Nissan's LEAF(coming next year ) i found it in my spam folder and frankly i was blown away with the design and features. Biggest sticking point is 100miles to the charge here is the link for anyone interested to learn more

http://www.nissanusa.com/leaf-electric-car/?=tqd.ev.MCR.aug09evrevealem.HNR

ken2 38 minutes ago

Even (2 Up / 2 Dn)
 
 
230 miles and the electrical extension cord is 230 miles.

crosscreek 35 minutes ago

-1 Vote (3 Up / 4 Dn)
 
 
You guys keep fighting this, trying to find negatives at every turn and holding on to your beloved full time gas/diesel. .The truth of the matter is that this is the future and you better get used to it. It will only improve over time and full time gasoline/diesel fuel vehicles will die a slow death. The car you own now will only be worth scrap metal in 5 years.

tremors1 19 minutes ago

+2 Votes (3 Up / 1 Dn)
 
 
"The truth of the matter is that this is the future and you better get used to it"

Thank you master, you are so kind and generous.

mixingbowl1 13 minutes ago

+1 Vote (1 Up / 0 Dn)
 
 
You're on. I'll check back with you in 5 years. You can tell me how your Chevy Volt is doing and I'll tell you how my car with the internal combustion engine is doing. BTW, do you really think you'll be able to tolerate a Chevy Volt for that long?

BlackMonday 5 minutes ago

0 Votes
 
 
"The truth of the matter is that this is the future"

actually, it's the distant past.

http://en.wikipedia.org/wiki/Detroit_Electric

pedalpower 33 minutes ago

+2 Votes (2 Up / 0 Dn)
 
 
BubbaBill had a question about Lithium so I thought I would send a copy for everybody else for your enlightenment. Lithium is one of the common elements found in the ground and has lots of interesting uses and applications.

First elements in the periodic table and their isotopes:

H, Hydrogen-------1 proton, 0 neutrons
H^2, Deuterium---1 proton, 1 neutrons (hydrogen isotope)
H^3, Tritium--------1 proton, 2 neutrons (hydrogen isotope)
He, Helium----------2 protons, 2 neutrons
Li, Lithium----------3 protons, 3 neutrons
.
.
Li^6, Lithium6-------3 protons, 6 neutrons (lithium isotope)

You use an Isotope of lithium (Li^6) and Hydrogen(H^2, Deuterium (from sea water, also known as heavy water)) in a compound known as Lithium-Deuteride and the Lithium isotope (Li^6) breaks down when the plutonium "trigger" goes critical giving Helium (He), Tritium (H^3), Deuterium (H^2) and Hydrogen (H) in various proportions (plus all those extra neutrons). Tritium, which is a common daughter product of nuclear reactions in power reactors is used in watches, night sights for firearms etc., is also the booster in a common garden variety "boosted" nuclear explosive by providing lots of extra neutrons to increase the "alpha" or number of reactions that take place before the explosive components move far enough apart to stop reacting, thus increasing the "yield" or efficiency of the reaction and reducing the amount of "active" components such as Uranium(U^235) or Plutonium (Pu^239).

Tritium (H^3), when combined with hydrogen (H) gives Helium (He) and is the lowest energy method of producing a thermo-nuclear reaction. That being said however, Deuterium (an isotope of hydrogen, H^2) will combine with more Deuterium and also produces Helium (He). Because of this neat little nuclear magic show using Li^6, you don't need liquid fuels at cryogenic temperatures to get into the thermonuclear club. Keeping the fuels dry allowed the development of weapons that could be delivered and stored for reasonable periods of time without cryogenic refrigeration plants.

Sorry about the superscripts, the editor doesn't have any other means to annotate them.

In my next life, I'm going to study finance so I can produce financial derivatives and crash the Stock Market. I just love it when folks like 60 Minutes say that you have to be a "Rocket Scientist" to understand something like "Derivatives". I guess in journalism school they just teach you how to be an empty suit with a pretty face and a good speaking voice. Don't ask about ANFO, that's a secret (just kidding).

Does that help a bit? ;-)

onezero4u 24 minutes ago

-1 Vote (1 Up / 2 Dn)
 
 
40K ha ha that buys a lot of gasoline einsteins!!

maybe Al Gore and global warming scare crew can afford one ha.

Next stop for Barry will be to nationalize energy companies and destroy competetion and charge what ever the govt fancies to charge these ugly government motors shitboxes.

doesnt anyone see, GM sucks and should have went backrupt like every small company that makes overpriced unwanted junk. i hope not 1 dollar of cash for clunker scam goes to GM

picoroble 20 minutes ago

+2 Votes (2 Up / 0 Dn)
 
 
We need a 20k car that does the same - Most Americans can't even afford a 20k car. How can an economy sustain when the majority of the workers cannot even afford day to day expenses

Entasis 20 minutes ago

+1 Vote (1 Up / 0 Dn)
 
 
It's a GM product...breaks after the last payment; poor service; poor product; no residual value; bailout dependent.

JackRS 19 minutes ago

+2 Votes (2 Up / 0 Dn)
 
 
I figured that with gas at $2.65 a gallon and the car being $15,000 more than a $25,000 car (like my Forester) it would take the purchase of 5,660+ gallons of gas to break even on this car. Not counting battery replacement and added cost to your electric bill.

My Subaru Forester is getting 26 MPH. So if I bought one of these I'd have to drive over 147,000 miles to break even on gas savings, not counting of course my electric bill and possible battery replacement.

This thing might make sense as a company car for someone who puts 25K or more miles a year traveling around, but it makes no sense for an individual to own. But these kinds of cars don't have the range to be practical as a long range company car. Back to the drawing board Detroit...............

Cougardan 8 minutes ago

0 Votes
 
 
I've done similiar math and conclude the same thing...still waiting on a way to not spend more to make a change.

capitan 15 minutes ago

Even (1 Up / 1 Dn)
 
 
...Toyota's Prius, the current mileage leader at about 51 mpg with a $22,000 starting price tag. The Volt is expected to retail for about $40,000

You can buy 2 toyota for one Volt. Make your choice ?

WhiteGrace 9 minutes ago

0 Votes
 
 
I do not believe this hokum for a minute. This from a company that over time has given us the Corvair, Vega, Cadillac Cimmaron, V8 gasoline engines retrofitted (...that self destructed.) to diesel in the 70s and decades of different division cars that were all identical under the skin and the final assault on our environment and sensibilities and conscience, the "suv". Only the Lemmings will believe 230 mpg. The same ones that bought Detroit's marketing push that told us that suvs were safe and good for soccer moms and virile dads. How'd that work out for you mom and dad? See, this is what happens when you buy into advertising and don't think for yourselves. Thanks for reading this.

SteenkingBadger87 1 minute ago

0 Votes
 
 
The message I'm getting from this article is that if you want a "green" vehicle, the auto manufacturers view you as willing to over-pay for a vehicle. My 11 year old Dodge Stratus is still getting 29-30 mpg, and I didn't have to pay the "green fee" associated with a hybrid or electric vehicle. Widespread adoption may start to occur when manufacturers quit trying to squeeze people for wanting a fuel efficient vehicle, and start selling reliable vehicles in a more affordable price range.

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