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GM’s Volt Program = $700m

Revenge of the Electric Car

GM to invest $700m in Volt rechargeable electric car. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 Related Stories.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. Shifted earlier focus to all-electric Focus in 2011 with Magna. Company says its focusing on gasoline and hydrogen. todays answer is "Yes -- but not yet."

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

The Volt is, and always has been, more than than an electric car. Lutz, who retired earlier this year, called the car Detroits "moon shot" and an attempt to wrest the mantle of innovation back from the Japanese. GM will leapfrog Toyota and Honda by providing an electric car to the masses by the end of next year.

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