Chevrolet has announced plans to launch the Volt in all 50 states by the end of 2011. Details inside

Chevrolet has announced plans to launch the Volt in all 50 states by the end of 2011.

According to Rick Scheidt, the U.S. vice president of Chevrolet Marketing, "We're accelerating our launch plan to have Volts in all participating Chevrolet dealerships in every single state in the union by the end of this year. This is the right thing to do for our customers and our dealers who are seeing increased traffic onto their showroom floors."

As we have previously reported, the Volt features a 16-kWh lithium-ion battery and an electric motor that produces 149 hp (111 kW / 151 PS) and 273 lb-ft (368 Nm) of torque. This setup enables the car to accelerate from 0-60 mph in "less than nine seconds" and hit a top speed of 100 mph (161 km/h). More importantly, the Volt can travel 35 miles (56 km) on electricity alone before a 1.4-liter petrol engine activates to extend the range an additional 344 miles (554 km).

In related news, GM withdrew a $14.4 billion loan application from the U.S. Department of Energy (DOE). The money would have been used to build fuel efficient vehicles, but GM says their finances have improved enough that they don't need it.

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