Chevrolet’s plan to launch the Chevy Volt electric hybrid by 2010 is going to be hard. CEO Rick Wagoner has admitted. “From the beginning, going foe 2010 was a stretch, and it’s still a stretch, but we are putting resources like crazy into it and we have not seen anything yet that says we have hit a glitch on it.” Wagoner said at a recent press conference in Las Vegas.

The Volt represents GM’s bid to beat rival Toyota to the market with a hybrid vehicle that can be recharged at a standard outlet and win back customers who have abandoned the American automaker because of the high fuel costs and environmental issues.

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