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The Chevrolet Volt at $41,000

A plug-in hybrid electric vehicle to be produced by the Chevrolet division of General Motors and expected to be launched in November 2010 as a 2011 model. For up to the first 40 miles, the Volt is powered by electrical energy stored in its on-board lithium-ion batteries. With fully charged batteries, enough electrical energy will be stored to power the Volt up to 40 miles. After 40 miles, a small 4-cylinder internal combustion engine using premium-grad gasoline creates electricity on-board using a 55 kW (74 hp) generator to extend the Volt's range to more than 300 miles. Unlike most current commercially available hybrid electric vehicles, the actual propulsion of the Volt is accomplished exclusively by the electric motor.