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Filed under: Hybrids/Alternative , Etc. , Green , Tech , Chevrolet , GM , Earnings/Financials Click above for high-res gallery of the 2010 Chevy Volt Although they're a big part of the Congressional pitch to get some federal funds, green cars aren't going to make the Detroit 3 profitable on their own any time soon. Take the Chevrolet Volt for example. When GM CEO Rick Wagoner testified that the Volt is being pushed into production for 2011, he added that, "It will not be at that point fully cost competitive." That statement might seem like the understatement of the century to some. According to this CNN Money piece, GM has actually spent about $750 million to develop the Volt, much of that in battery research. Apparently GM recognizes the need to stay ahead of (or at least alongside) the competition in developing new technology and is willing to take the risk of spending that kind of money even in desperate times. Of course, some of that money will eventually be spread...
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Filed under: Hybrids/Alternative , Sedans/Saloons , Etc. , Green , Chevrolet , GM , Lifestyle Shortly after the Volt Concept was shown, a Volt adherent started a website called GM-Volt.com to show General Motors that it was on to something. After the Volt was approved for production, the site added a feature to allow people to "raise their hands" to show interest in the Volt, much like what was done for the smart fortwo before its arrival on our shores. A little more than a year later, there are almost 34,000 hand raisers in 50 states and 56 countries. While the list is unofficial and doesn't mean that any of these hand raisers are in line ahead of you to purchase a Volt, the site claims that GM is aware of the list and considering making it official in some capacity. California, no surprise, accounts for the greatest interest in the Volt, but even the folks in the dirty dirty -- that's the South -- have put in a strong showing. Alabama's got 86 Volters on the list...
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