Volt Myth #5: The Volt was created by the Government as part of the Bail Out

Facts:
The Volt was revealed to the public in January of 2007, and many years of internal research. That pre-dates the financial collapse and subsequent loans and assistance by at least two years.

The other auto maker that applied for the same funding was Chrysler, which was also showcasing an EV division called ENVI. After receiving funding and going through bankruptcy the same as GM, that entire division was scrapped and no EVs have yet been made or marketed by Chrysler.

Of the auto makers that did not receive any federal money, Ford, Nissan and Toyota have all since introduced and marketed Plug-in Electric vehicles (the Ford Focus BEV, the Nissan Leaf and the Plug-in Prius)

In the next year there will be others as well, none of which received federal funding. BMW, Volkswagon, Honda, and Mitsubishi.