General Motors trying to catch up in the Electric Cars Race
After the Tesla Car has emerged as one of the breakthrough electric cars, big car manufacturers are trying to catch up. General Motors is now re-starting its electric car line up.
The automaker announced two new contracts designed to speed up the production of electric batteries for its Chevy Volt, and its CEO said alternative fuel vehicles were a high priority for the company.
The announcement came at the G.M.'s annual shareholder's meeting here, and was part of a plan to reduce the amount of gasoline the company uses across its product line.
"Energy diversity means that we'll continue to improve the efficiency of the internal combustion engine, as we have for decades," said Rick Wagoner, CEO of General Motors. "But importantly, we're also dramatically intensifying our efforts to displace traditional petroleum-based fuels by building a lot more vehicles that run on alternatives, such as E-85 ethanol."
Wagoner said G.M. is significantly expanding its commitment to alternative-fuel vehicles, not only the Chevy Volt concept car, introduced at the Detroit Auto Show in January, but also to a wide variety of hybrid gas-electric vehicles.
AngryBee says: Those big car manufacturers will never do anything to save the earth! All they want is profit, profit and money!
SustainaBee says: Great, finally the big car manufacturers are waking up! It's a shame they didn't pursue it when they had the chance ten years ago. But oh, well, the more manufacturers join now, the better! Let the electric car race begin!
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