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Wednesday, February 17, 2010

Is GM going on the right track??

This article came from a blog called “AUTOPIA” from You can find the article on and it is titled “GM to Build Its Own Electric Motors”

This is a great article talking about how GM is planning to become a leader in electronic motors. They want to be the leader in the market as soon as the US starts to move away from oil. GM has realized how much companies making hybrid and electric vehicles are depending on their suppliers; therefore they believe they can be more independent and differentiated if they produce their own batteries. They are expecting to start production in 2013 and in order to do so they are forecasting to spend some $246 million dollars in the factory.

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