The all electric Chevrolet Volt is currently in development by GM and as engineers continue to work on this new vehicle there are reports that GM might allow customers to rent the new high tech battery that will propel this new automobile rather than buying it. That step could reduce the cost of the Chevrolet Volt considerably and make it price competitive with regular gasoline cars already on the market.
For many of us that live in the wide open spaces of the south and southwestern United States the Chevrolet Volt probably will not be a good option for us, but for millions of people that live in huge cities where freeways are currently crammed with scores of slow moving and mainly idling cars and trucks where air pollution is a real concern, an all electric car might just be what is needed to improve air quality and a pollution problem that seems to be getting worse.
Most of the news I have read lately about the Chevrolet Volt is good and in some areas GM is ahead of worldwide leader Toyota in the development of an all electric car. The recent financial problems of GM and other domestic automobile makers could be coming to an end as Ford, GM and Chrysler have all hired new upper management in recent years. In the most recent fiscal quarter, both GM and Ford have turned a profit and Chrysler has gone from a public company to a private one with the support of huge investors.
It is a good thing for the United States when our automobile companies are in good financial shape and with exciting new products like the Chevrolet Volt on the horizon maybe there will be even more good news to report from the U.S. "big three" in the future.
Read more about the Big Three:
US Automobile Business
Chrysler Pink Slips
Toyota Leads GM
Ford Motor Troubles
Tattered Image Issue