The Chevrolet Volt is an Extended-Range Electric Vehicle, or E-REV that runs on electricity at all times but has an engine to extend its range.
When its lithium-ion battery is depleted, the Volt uses a gasoline/E85 ethanol powered engine that provides electricity to power its electric drive unit while simultaneously sustaining the charge of the battery.
The Chevrolet Volt plugs in and charges in about 8 hours on a standard household 120v outlet or in about 3 hours on a 240v outlet.
It is set to be released in 2010 as a 2011 model, and it will go up to 40 miles on a single charge.
Source: General Motors
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