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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

will be unveiling its IDEA, a 100 miles-per-gallon plug-in hybrid electric vehicle. For years now, inventors and sellers of electric car conversion kits have been blasting traditional automakers for not providing the 100 m.p.g. is already selling an all-electric, zero-emission Roadster. The 100 m.p.g. Yep, a truck.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

The aggressive plans illustrate Chinas growing commitment to electrified vehicles and its strategy to support auto makers developing various types of electric cars and components with research subsidies. Among the most notable: a gas-electric hybrid Shanghai Automotive Industry Corp. Gasgoo.com | ?? | Great Wall Motor Co.,

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

GM has announced plans for public sales in 2010, and almost every carmaker now says it will sell PHEVs or highway-speed battery electric vehicles (BEVs) sometime after 2010. In late 2008, BYD started selling the first production PHEV in China. First Escape PHEV delivered to SCE Nov 2007; 20 in 2008-2009.

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