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GM Awards Chevy Volt Contracts
http://www.autotechtoday.com/articles/6/1/GM-Awards-Chevy-Volt-Contracts/Page1.html
By Auto Tech Today
Published on 06/5/2007
 
It seems that GM really is serious about producing their plug-in gas-electric hybrid concept car, the Chevrolet Volt. To move development along, GM today awarded two separate contracts, one Compact Power and one to Continental Automotive, to design and test new lithium-ion batteries that may power the car.

"Given the huge potential that the Volt and its E-flex system offers to lower oil consumption, lower oil imports and reduce carbon gas emissions, this is for sure a top priority program for GM," said Wagoner, who added that the company is trying to produce the Volt as soon as it can.

GM Awards Chevy Volt Contracts
It seems that GM really is serious about producing their plug-in gas-electric hybrid concept car, the Chevrolet Volt. To move development along, GM today awarded two separate contracts, one Compact Power and one to Continental Automotive, to design and test new lithium-ion batteries that may power the car.

"Given the huge potential that the Volt and its E-flex system offers to lower oil consumption, lower oil imports and reduce carbon gas emissions, this is for sure a top priority program for GM," said Wagoner, who added that the company is trying to produce the Volt as soon as it can.

The Volt concept was first introduced at the Detroit Auto Show in January. The car's E-flex gas-electric system uses a battery-powered electric motor to drive up to 40 city miles on a single charge, after which a gasoline-powered, one-liter, three-cylinder engine kicks in and  replenishes the battery, providing a total range of up to 640 miles.

GM is making other strides toward a more environmentally-friendly auto fleet, with the introduction of four new hybrid models (Chevrolet Tahoe, GMC Yukon, Saturn Aura, and Chevrolet Malibu) later this year.