NEW YORK ( TheStreet) -- General Motors (GM) announced Wednesday that its Chevrolet Volt can get the equivalent of 93 miles per gallon in combined city and highway driving while powered by electricity.
On gas and electric, the car will get 60 mpg -- maybe.
Because of the complexity of how the Volt runs -- it's powered by electricity, gas or a combination of both -- its fuel economy depends on how it's driven. The Volt's fuel economy sticker, which looks different from labels before it, was created by GM and the U.S. Environmental Protection Agency and is intended to help drivers "understand what to expect when they drive the Volt," said the company in a press release. "Before plug-in cars like the Volt, calculating fuel economy was simply a matter of filling the tank with fuel, driving the vehicle and dividing the distance by the amount of fuel consumed."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV