At 8 AM, Eastern Standard Time, the answer to the question "What Is 230?" was finally revealed as GM Chief Executive Officer, Fritz Henderson, made the announcement. 230 is the expected Miles Per Gallon (MPG) Chevrolet Volt, the highly anticipated electric vehicle from GM, will get during an average drive in a city or urban environment.
Today's announcement, along with yesterday's disclosure that General Motors will begin to sell new cars via: eBay, are testaments to how far the car maker has come since filing bankruptcy protection on June 1st of this year. The Chevrolet Volt extended-range electric vehicle is scheduled to begin production late 2010 and arrive in dealership as a 2011 model.