Chevy Volt Will Achieve Triple-Digit Fuel Economy – GM

General Motors (NYSE: GE) said that it’s highly anticipated plug-in hybrid vehicle The Chevrolet Volt is on track to achieve a fuel economy rating of 230 miles per gallon in city driving. 

GM Chief Executive Fritz Henderson made the announcement today during a webcast press event. He said the Volt would get a "triple-digit" fuel economy rating for combined highway and city driving based on a draft standard developed by the U.S. Environmental Protection Agency.

The vehicle is still expected to go on sale in late 2010, and is designed to travel 40 miles on a lithium-ion battery pack before kicking in a small engine to recharge the batteries.

You can view the webcast at the link below.

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