GM and PHEV Maker Bright Automotive Announce Strategic Relationship; GM Ventures Funding
Green Car Congress
AUGUST 3, 2010
Bright Automotive, the developer of the purpose-built, plug-in hybrid IDEA ( earlier post ), and General Motors Co. Funding through GM Ventures will allow Bright to begin ramping up the development of the production program for the IDEA in the third quarter of 2010. The companies signed a memorandum of understanding in July.
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