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Rebecca Cook / Reuters
Finally, some good news out of Detroit: “General Motors announced today that its forthcoming electric vehicle, the Chevrolet Volt, will achieve city fuel economy of 230 miles per gallon,” reports The Washington Post. That will make the Volt the first-ever mass-produced vehicle to earn a triple-digit MPG rating. Initial prices for the car may be as much as $40,000, though the company says it will come down over time. “Assuming the average cost of electricity is approximately 11 cents per kilowatt-hour in the United States, a typical Volt driver would pay about $2.75 for electricity to travel 100 miles, or less than 3 cents per mile.”