Toyota and Honda had hybrid vehicles in the market for over 10 years. Ford had a hybrid model (w/ 1st gen Toyota engine) for about 5. Japan had electric vehicles since the 90's ... and Tesla is being selling the Roster since 2006.
The Volt is nothing new ... just a "me-too" vehicle that although it is not late to the market it is unfortunately overpriced and has a range that makes it useless for anything but short distance drive.
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