GM enters commercial agreement with and invests in Powermat, a personal device inductive charging company
Green Car Congress
JANUARY 6, 2011
Chevy Volt Powermat. GM Ventures, the company’s venture capital subsidiary headed by Jon Lauckner, who helped create the Volt concept, will invest $5 million in Powermat to accelerate the technology’s development and support efforts to grow Powermat’s business globally. We first developed the Volt concept car in 2006.
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