Tuesday, May 13, 2008

Move to electric vehicles

GM is moving to electric vehicles in a Big Way: A123 Systems, whose founder Ric Fulop said "Somebody lit a fire under [GM's] butt in 2006. I’ve never seen a large company move so fast and put so many resources behind something."

One of the reasons? All car-makers are being / will be pressured to increase fuel efficiency. Electric vehicles is one way to do this.

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