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SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

Green Car Congress

We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. Photo by Steve Fecht for General Motors). equity stake in GM Cruise and will afford GM increased flexibility with respect to capital allocation.

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

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Making electric vehicles affordable will be critical for them to have an impact on the environment, as vehicle ownership continues to rise quickly. in late 2010.

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Are Rising EV Inventories Proof Nobody Wants Them?

The Truth About Cars

Despite elevated fuel prices, aggressive marketing, and most companies vowing to transition toward building electrified automobiles exclusively, America has an EV supply of more than 100 days on dealer lots. However, government incentives (EV tax credits) have made them more attractive in the general sense.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

General Motors Chevy Volt series PHEV, which it calls "extended range electric vehicle" (EREV), part of "E-Flex" multi-fuel platform. 10/31/07 [General Motors Corp. This is different from anything Ive ever seen in my 40 years in the automobile industry." ( Detroit Free Press ). 6/15/07 General Motors Corp.

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GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

" In other words, General Motors is going to lose its shirt until the Volt establishes itself in the marketplace. General Motors has sought $10.3 They leased a few (at a loss) to those that could afford it. A simple, clean, efficient EV that wont run out of juice because of its on-board gas generator.

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