LOS ANGELES (MarketWatch) -- General Motors Corp. (GM) Chief Executive Rick Wagoner said Wednesday that the U.S. needs to reduce dependence on foreign energy and insisted the No. 1 auto maker is accelerating its efforts to meet the challenge by being the first to offer a plug-in hybrid and by expanding its production of biofuel vehicles.
Wagoner said GM is using the Saturn Vue hybrid sport utility vehicle to develop a plug-in hybrid, which can be re-charged from a standard electrical outlet, and will offer biofuel-capable Hummer SUVs. He said "energy and environmental leadership" is a key part of GM's ongoing turnaround plan.
...
He didn't give a time frame for the plug-in, but said it will take "several years" to bring one to market. Wagoner said GM's prior work on its now-defunct EV1 electric car gives it a good base for the battery technology needed.
for complete story:
http://www.marketwatch.com/news/story/gm-ceo-says-company-developing/story.aspx?guid=%7B3BB0CF2F-DAFA-4DC8-B8AE-DF472BA8689C%7D
Popular Post
-
Photo: Diane Edwardson, January 26, 2011. The Red Tailed Hawks have been refurbishing their nest at the corner of Rosebud & Allesandro,...
-
With only four days remaining until the end of the current contract between the Canadian Auto Workers’ union (CAW) and the Detroit's Big... -
Photos of a prototype Sideways Capri. The production (Wurth decoration) car should arrive within a month or two here in North America. See m...
-
This Mule has found its self strapped down with an entirely new type of load. A brand new crazy car stereo system. -
Bloomberg News reports: "At the conclusion of Wagoner's speech today, two activists with the environmental group Jumpstart Ford, w...
-
Who Killed the Electric Car Opens Across the Nation Who Killed the Electric Car?, director Chris Paine’s long-awaited documentary, begins a ...
-
Lots of ink on GM's plug-in hybrid announcement. With headlines like "GM Promises Plug-in Hybrid," Waggoner's statement in...
-
As our agent provocateur double agent "codename JannieJumbo" lurks around town pretending to be a hippy vegetarian cycling activis...
-
London Low Sense Zone The likely harmful effect on Londoners' health of Livingstone's policy of piling more and more buses onto Lond...
No comments:
Post a Comment