Posts Tagged ‘GM’

GM Announces Chevy Volt – 230 MPG

(AP Photo/Carlos Osorio, file) Vice President Joe Biden looks over a Volt concept vehicle

GM has announced the EPA has issued draft guidelines for the Chevy Volt – and it’s going to list the Volt as having a 230 mpg rating.  From the Huffington Post:

The Volt is powered by an electric motor and a battery pack with a 40-mile range. After that, a small internal combustion engine kicks in to generate electricity for a total range of 300 miles. The battery pack can be recharged from a standard home outlet.

GM came up with the 230-mile figure in early tests using draft guidelines from the U.S. Environmental Protection Agency for calculating the mileage of extended range electric vehicles, said Tony Posawatz, GM’s vehicle line director for the Volt.

If the figure is confirmed by the EPA, which does the tests for the mileage posted on new car door stickers, the Volt would be the first car to exceed triple-digit gas mileage, Posawatz said.

Tags: 230 MPG, Automaker, Chevy Volt, GM
Category Environment, Jobs & Economy |

GM Emerges from Bankruptcy – Opportunity for Iowa

General Motors has emerged from Chapter 11 bankruptcy protection today and has announced it’s intentions to be “leaner & greener“.  According to Market Watch:

CEO Fritz Henderson said the swift trip through Chapter 11 showed that GM can move fast, and added that GM will work hard to repay trust, not to mention the money committed to the struggling company by the U.S. and Canadian governments.

“Today marks a new beginning for General Motors, one that will allow every employee, including me, to get back to the business of designing, building and selling great cars and trucks and serving the needs of our customers,” said Henderson.

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Tags: Bankruptcy, Energy, GM, Green cars, Iowa, oil, restructure
Category Environment, Jobs & Economy |