Several years before when the Chevy Volt was announced, it was still a concept. Today, things have turned into reality. Every thing about this new plug-in hybrid vehicle is great, except for the price. At $41,000, most people think the car is priced way above average. Price is always a factor for almost all consumers, but lets not forget the fact that the technology used in the vehicle is likely the future. GM plans to sell at least 10,000 Volts by the end of first year and 30,000 in 2012.

“Volt is an electric car that uses gas to create its own electricity. Plug it in, let it charge overnight, and it’s ready to run on a pure electric charge for up to 40 miles(3) — gas and emissions free. After that, Volt keeps going, even if you can’t plug it in. Volt uses a range-extending gas generator that produces enough energy to power it for hundreds of miles on a single tank of gas.”

[source: news.cnet.com]