Chevrolet Volt in production by 2010!

Yup. We heard it right. Direct from Bob Lutz's mouth to our ears. At the Reuters Auto Summit in Detroit Mr. Lutz announced that a production version of the Volt concept car will be in production by the end of 2010.

Though it will not look anything like the concept car. The first test of the Volt will come by Easter of 2008. Which is a polite way of saying we have testing prototypes built and ready to go, or at least very close.

GM's hopes are to move above Toyota in the marketplace. Toyota is currently the industry leader in the "Green" market. GM currently has two suppliers for the lithium-ion batteries working overtime to further enhance the durability and performance of the batteries.

Sounds very exciting to see this much development. Especially when the concept was just unveiled at Detroit in January 07. This should definitely have Toyota standing on their toes.

Source: Reuters