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DETROIT--General Motors Co. said its new Chevrolet Volt electric car is expected to get 230 miles per gallon in city driving as the auto maker outlined a raft of product introductions.
The Volt is at the forefront of GM's efforts to reinvigorate a line-up that has lost market share in the U.S., with 25 new vehicles due to be launched by 2011. At that rating, the Volt would dwarf any offering from a mass-market brand, including Toyota Motor Corp.'s Prius. It also could deliver a major boost to GM efforts to cultivate a green image, a key element of the company's restructuring efforts.
The Volt is scheduled for domestic launch in 2010, and the mileage and range guidance reflects new guidelines for electric cars set by the Environmental Protection Agency.
The GM EV1 was an electric car produced and leased by the General Motors Corporation from 1996 to 1999. It was the first mass-produced electric vehicle of the modern era from a major automaker. It was the first GM car designed to be an electric vehicle from the outset. Born as the GM Impact concept car of 1990, a production version came about as a result of a California Air Resources Board mandate that made the production and sale of zero-emission vehicles a requirement for the U.S.'s seven major automakers to sell cars in that state. The EV1 was initially available in the U.S. cities of Los Angeles, California and Phoenix and Tucson, in Arizona, under a limited lease-only agreement
* Volt to get 230 mpg based on draft EPA standard
* GM says working on second and third-generation Volt (Adds detail from webcast, financial forecasts, background on GM ownership, byline)
By Kevin Krolicki and Soyoung Kim
DETROIT, Aug 11 (Reuters) - The Chevrolet Volt -- the electric vehicle General Motors Co [GM.UL] is counting on to recharge its image with consumers -- is on track to hit an unprecedented fuel economy rating of 230 miles per gallon in city driving, the automaker said on Tuesday.