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Thursday, June 19, 2008

General Motors Research May Yield Chevy Volt Electric Car

General Motors Chairman Rick Wagoner announced Tuesday that his board has given the green light to begin manufacturing the Chevy Volt, an extended-range electric vehicle. He pledged to get the Volt into dealerships by late 2010.That would be earlier than the timetable announced by Nissan Motor CEO Carlos Ghosn, who in mid-May said that Nissan would sell large numbers of electric vehicles to U.S. consumers by 2012 and would offer electric cars for corporate fleets in 2010.

Across GE's production line, work is under way to use new battery technologies to help propel tugboats, power delivery trucks and heavy machinery and even support diesel locomotives.

Lithium-ion batteries, which revolutionized consumer electronics, are being developed to power cars. Not only do they store more energy in smaller spaces, but they also lose their charges slowly. Several carmakers and GE are racing to develop new kinds of lithium-ion batteries for autos.

Full report here -Research may yield an electric car

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