I think the volt's drive train will be more comparable to the
aptera, more commonly seen on modern (post '30's) diesel locomotive
trains.
The idea is as follows:
Run the engine at it's most thermodynamically efficient RPM.
Use the diesel/gas engine to run a generator/alternator
Store the electricity using a battery system
The battery system supplies the electric motor with the electricity needed to drive the vehicle.
Both the aptera and volt will probably to be both plug-in and gas powered. This means your vehicle isn't tethered to a power outlet, and you have the option of never using gasoline/diesel if you so desire.
This differs from the current hybrid market, in the fact that the electric motors only drive the vehicle to 15 mph as opposed to full time.
Think of it as an electric car with it's own power generator. IMO this is the only real viable hybrid, assuming the costs can be reduced.
Quite frankly, I question GM's ability to increase cost efficiency. I also question Aptera's claim of $26,000 costs.
It will be interesting to see what happens.
Edit to add:
I heard a claim that a retired engineer, who was supposedly considered an expert in thermodynamics, designed an entirely new engine cycle that is supposed to be more thermodynamically efficient. Basically, on this design, every other cylinder would fire and the engine would basically act as a two-stage compressor. It supposedly compresses the air/gasoline fuel mixture to point of auto-ignition in the second stage cylinder. Interesting concept, I think Honda and Ford bought the rights to research this design further.