GM Launches Partnerships For Electric Chevy
DEBORAH AMOS, host:
NPR's business news starts with GM plugging into power companies.
General Motors plans to announce a partnership today with dozens of the country's utilities. The carmaker's hoping to boost the chances of success for its new electric vehicle. The battery operated Chevy Volt is slated to be in showrooms in about two years. Now GM and the power companies need to work out the nitty-gritty issues like voltage. They also plan to push for tax incentives so that more drivers can afford to buy the Volt. It's expected to cost up to $40,000.
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