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Technology Stocks : The Electric Car, or MPG "what me worry?"

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To: Eric who wrote (337)9/16/2008 2:48:43 PM
From: RetiredNow  Read Replies (1) of 17569
 
GM Formally Unveils the Production Version of the Volt
16 September 2008
Prodvolt1
The production version of the Volt. Click to enlarge.

General Motors marked its centenary today by unveiling the much-anticipated production version of the Chevrolet Volt extended range electric vehicle. The design of the Chevrolet Volt production car has changed from the original concept that was unveiled at the 2007 North American International Auto Show in Detroit. (Earlier post.)

Because aerodynamics plays a key role in maximizing driving range, GM designers created a more aerodynamically efficient design for the production vehicle than was represented by the concept. While design cues from the concept vehicle remain in the production Volt, the Volt’s rounded and flush front fascia, tapered corners and grille are functional, enabling air to move easily around the car. In the rear, sharp edges and a carefully designed spoiler allow the air to flow off and away quickly. An aggressive rake on the windshield and back glass help reduce turbulence and drag.
Conceptvolt
The 2007 Volt concept. Click to enlarge.
The Volt uses electricity to move the wheels at all times and speeds. For trips up to 40 miles (under the EPA city cycle), the Volt is powered only by electricity stored in its 16-kWh, lithium-ion battery. GM uses half of the capacity (8 kWh) in its operating strategy for the Volt. When the battery’s energy is depleted, a 1.4-liter, naturally aspirated gasoline/E85-powered engine range extender kicks in.

The Chevrolet Volt can be plugged either into a standard household 120v outlet or use 240v for charging. The vehicle’s intelligent charging technology enables the Volt’s battery to be charged in less than three hours on a 240v outlet or about eight hours on a 120v outlet. Charge times are reduced if the battery has not been fully depleted. GM estimates the cost of a daily 8 kWh recharge to be about $0.80 (10 cents per kWh).
Voltptrain
Layout of the Volt powertrain. Click to enlarge.

The Volt’s electric drive unit delivers the equivalent of 150 hp (111 kW), with 370 Nm (273 lb-ft) of instant torque, and a top speed of 100 miles per hour.

GM estimates that the Volt will cost about two cents per mile to drive while under battery power compared to 12 cents per mile using gasoline priced at $3.60 per gallon. For an average driver who drives 40 miles per day (or 15,000 miles per year), this amounts to a cost savings of $1,500 annually. Using peak electric rates, GM estimates that an electrically driven mile in a Chevy Volt will be about one-sixth of the cost of a conventional gasoline-powered vehicle. The cost savings are even greater when charging during off-peak hours, when electric rates are cheaper.

The Chevrolet Volt is expected to be built at GM’s Detroit-Hamtramck manufacturing facility, subject to GM successfully negotiating satisfactory government incentives. Production is scheduled to begin late 2010 for models in the United States. Pricing has not been announced.
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