GM Plans to Release Volt by 2010

Plug-in car designed for short trips

GM announced yesterday that the company plans to release its electric car, the Chevrolet Volt, by the end of 2010, despite concerns from employees that the date might be too ambitious.

The company's goal is to swipe the mantle of environmental-friendliness from Toyota, and get consumers to start associating GM with green cars, not just the Hummer.

As for the details: The plug-in Volt would re-charge through a wall socket, and be designed for shorter trips. The Volt would run for about 40 miles on battery power, and have a gas-powered engine as a backup, in case you can't make it to an outlet in time.—Gregory Mone