Chevrolet announces bi-fuel Impala

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General Motors CEO Dan Akerson announced an all-new Chevrolet Impala that can operate on either gasoline or compressed natural gas (CNG). It will be available to retail and fleet customers next year for MY 2015.

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The announcement came during “OPEC Oil Embargo + 40: A National Summit on Energy Security,” where prominent political, business and military leaders assessed the current state of America’s oil dependence since the 1973 oil embargo .

Akerson said the bi-fuel Impala is an example of using affordable technology to reduce oil consumption and save consumers money at the pump. Total range is expected to be up to 500 miles (about 800 kilometres).

In related news, GM is committed to saving 12 billion gallons of gasoline in its 2011-2017 model year vehicles -- offsetting nearly a year of crude imports from the Persian Gulf -- with technologies that include lighter materials, alternative fuels such as clean diesel, and electrification.

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