General Motors was a start-up company 100 years ago today on September 16, 1908. Happy birthday GM!
GM celebrated by officially launching the Chevrolet Volt plug-in hybrid. The Volt’s 400-pounds of lithium-ion batteries gives it a range of 40 miles, enough for most urban commuting. The car’s 1.4-liter gasoline/E85 engine provides extended range by powering the electric drive unit while recharging the batteries. A full gas tank, together with a fully-charged battery will take you about 400 miles.
The Chevy Volt will be available late 2010. ~$35K before a potential $7,500 green tax credit.
Chevrolet Volt Leads General Motors Into Its Second Century – GM press release, 2008-09-16
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Imagine GM as a start-up? By the way, it’s returning to the SuperBowl next month with a new ad, too.
Remember the saying “as goes GM so goes the nation?” That might not be true anymore, but what a remarkable statement about that company.
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