General Motors Corporation says it will do the “heavy lifting” to help achieve the grand goal set by United States President Barack Obama of having 1 million plug-in hybrid and electric vehicles on the US roads by 2015.  Major US-based makers of automobiles, including General Motors, have been planning an array of electric-drive vehicles aimed at meeting higher fuel-economy standards and also an expected rise in the demand for more fuel-efficient vehicles.

Chevy Volt

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Automobile manufacturer Volvo is joining forces with Sweden-based Vattenfall, one of the world’s leading energy companies, to make a new plug-in hybrid diesel/electric vehicle.

Volvo V70 Plug-in hybrid demonstration car

Volvo says the new hybrid that will come out of the partnership is to hit the market in 2012.

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