DENVER, Sept. 12, 2013 /PRNewswire/ -- General Motors will donate a Chevrolet Volt electric vehicle with extended range to the nonprofit Colorado Conservation Trust for the group to auction off in support of its "Q for Conservation" event, which has generated more than $1.5 million for conservation projects statewide in its seven-year history.
"The Chevy Volt is just one symbol of the innovative steps we need to take in protecting our land and water resources, in Colorado and nationwide," said Colorado Conservation Trust Chairman Pete Leavell. The Volt will be presented today, the second consecutive year that GM has donated a Volt to support the trust.
Colorado residents can save on purchasing a Volt through a federal tax credit of up to $7,500 and a state of Colorado income tax credit of up to $6,000.
"Our commitment to the environment starts with efficient, lasting products that are fun to drive," said Mike Robinson, GM vice president of Sustainability and Global Regulatory Affairs. "We're building them in facilities with environmental credentials, from wildlife habitat certifications and solar power to those that are completely landfill-free. We realize the business value in protecting our natural resources and supporting those dedicated to conservation."The Volt has a total driving range of up to 380 miles, based on EPA estimates. For the first 38 miles, it can drive gas- and tailpipe-emissions free using a full charge of electricity stored in its 16-kWh lithium-ion battery. When the Volt's battery runs low, a gas-powered engine/generator seamlessly operates to extend the driving range another 342 miles on a full tank. Volt owners who charge regularly typically drive 900 miles between fill-ups and visit the gas station about once a month. The 2014 Volt will provide fuel economy of 98 MPGe (electric) and 35 city/40 highway (gas) without any need to change daily driving habits, saving $900 in annual gasoline fuel costs. Volt owners to date have logged 364 million miles in their Volts, including 225 million electric miles. For more information on GM's environmental commitment, visit its sustainability report and environmental blog. General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com. SOURCE General Motors
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
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
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts