Venture capital is flowing, engineers are chomping at the bit and layman sources claim that mechanical components of the Chevy Volt are already being road tested on the streets of Detroit. General Motors (NYSE: GM) is not letting anything get in the way of its plans to place a successful electric car on the streets of America and the world by 2010. A report by RedHerring outlines the broad and powerful collection of top tier companies which are coming together to help GM bring its mission to fruition. Two new research projects targeted towards electric car development were recently announced by General Electric (NYSE: GE) and are specifically geared towards the needs of the Chevy Volt. GE has been asked to design high density electric capacitors and hybrid drive train components in pursuit of our first generation of truly plug-in electric cars. It would seem that GM, GE and the Department of Energy are not willing to settle for an automobile with simple hybrid status. The goal would appear to be full blown electric automobiles at a price within reach of the public. Once the car is built, add the current advances in solar technology and you'll have an automobile that can be charged from a solar powered battery array at home.
Given the fact that Eaton Corp. (NYSE: ETN) has designed hybrid drive trains which are already making a successful showing under the banner of United Parcel Service (NYSE: UPS) and which may be capable of reaping energy savings of as much as 40% compared to conventional vehicles, it shouldn't be too difficult for General Electric to take the energy transference technologies, which it successfully built into locomotives, and adapt similar concepts to the humble automobile.
This entire scenario shines with the "don't tell us it can't be done" attitude, which is endearing General Motors to an American public desperately in need of a new industrial hero. I for one won't even need GM to have 100% success with the Chevy Volt in order for me to be proud of the company. General Motors has shown me a level of guts, class and determination that I have seen coming from very few American manufacturers for quite some time.
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Reader Comments (Page 1 of 1)
10-28-2007 @ 4:03PM
John said...
It looks to me like the old American spirit is back!! Keep up the good work GM, GE, A123 System and whoever is involved with the Volt project.
10-28-2007 @ 4:05PM
Gumby said...
Electric pickups , anyone?? Our pickups are gas guzzlers and I think electricity is best suited for pickups because it can take on any torque better than gasoline. Add 4x4 on top of it later on.. We can have both car and pickup on electricity, since one half of our production is pickups. So why ignore electric pickups??
10-28-2007 @ 4:05PM
george criddle said...
GM HAD A ELECTRIC CAR AND THERE WERE ELECTRIC PICK-UP TRUCKS BY FORD. IN 1996. THESE WERE TAKEN BACK FROM THE PEOPLE THAT THEY WERE LEASED TO. THEY RAN GREAT. i WILL NEVER BUY ANOTHER CAR UNLESS IT IS AN ALL ELECTRIC CAR. PULL UP ZAAP AND READ WHAT IS COMING DOWN WITH THIS COMPANY AND WHAT THEY ARE DOING IN CHINA.
ALSO GET THE DVD WHO KILLED THE ELECTRIC CAR. GM KILLED THE ELECTRIC CAR.
10-28-2007 @ 4:06PM
dadirv said...
I believe in the 1990s' GM built an electric car for the California market only. CA had passed a law requiring 10% of all cars sold there would have an emisson rate of O persent GM did build that car. A movie was produced showing the car and it's performance. I believe 700 or 800 of the cars were LEASED with a plan to have the law recinded GM lobbied and did finally did have the law recinded the leased cars were recovered the others were all destroyed. Don't call GM a hero yet. A question was raised as to why were all of the electric cars destroyed? Why did GM lobby the CA lawmakers to recind the 0% emission law? And now why is GM trying to make themselves look like good guys.?I think the publick deserves an explaintion about GM's actions then and now. They're no hero in my eyes.
10-28-2007 @ 4:18PM
herbert cohn said...
it about time the electric car sounds great.keepme posted of your progress.
10-28-2007 @ 4:18PM
vcs745 said...
Whether you like GM or not....their stocks will be at $55 to $58 by the end of the year.
10-25-2007 @ 6:27PM
Kent Beuchert said...
The Chevy VOLT/Opel Flextreme cars are not waiting on anything from General Electric, least of which would be a capacitor, since the VOLT doesn't use one. I have no clue why this writer believes these things.
10-28-2007 @ 4:19PM
Gavin said...
It's one thing to try and another thing to do. i have had a Saturn (GM) Vue hybrid for 5 months and its hybrid system has never worked properly. It has been at the dealerships repair shop for the last 5 weeks. Maybe Toyota should come out with an electric car. They might be able to make one work!
10-28-2007 @ 4:20PM
Brian M said...
GM killed the EV1 because they could not produce it profitably at the time. Simple as that. They are a business, not a charity.
10-28-2007 @ 4:20PM
PimpDaD said...
They killed it because nobody wanted it. Other companies (i.e, Toyota) also had an electric vehicle that they took back with some exceptions.
10-28-2007 @ 4:36PM
Gumby said...
For any of you uninitiated with the Chevy Volt, it is not a pure electric car . It has a small gas engine that does nothing but keep the batteries charged so that you dont need to charge it. Your gas pedal will be called the "button" because you will not be able to use the small gas engine to speed up your car. The electric motors will do that. It is different than so called hybrids mechanically. If you ask me which I prefer. I would prefer Chevy Volt mechanism over hybrid mechanisms found in Prius and others. The reason is that too many idiots pump gas pedals while waiting for the green light and create fumes in your face or they jack rabbit and spews unnecessary fumes in your face again. With Chevy Volts, they cant do that since there is no gas pedals but just a floor button like any electric car. Also, it is basically the same principle as our powerplants that has huge engines, turbines, whatever that runs on fossil fuels to generate electricity to our homes. Anyone who thinks that electric cars must be without any gasoline engines are just fantasy heads!! What remains to be known is what gas mileage Chevy Volts will deliver. I can just hope that it can honestly deliver north of 45 mpg or better with all the factors counted in. Sure, we can always have a power cord attached to Volts for recharging at home as an option, I dont care. I wont need that.
10-28-2007 @ 4:38PM
Brian Baker said...
I approached GM about a month ago with designs on a patented device which significantly increases the range of electric cars. The device, while certainly not perpetual motion, does increase the travel range by about 60% and could double the range in certain situations. The device is relatively inexpensive to manufacture and is light weight. I have been a long time fan of GM and wanted an American company to capitalize on this device, but GM simply said no thanks without even asking the price. That's too bad because it looks like the Japanese want it now. I hope the Volt turns GM around, I really do. My device would have really helped to extend the range of that car. But I think that GM is so large that it moves like our government rather than a cutting edge company.
10-28-2007 @ 4:40PM
LEN said...
I'v driven a Prius for over 5 years now and was never able to "gun" the engine at a stop light! If you press the gas pedal at a traffic light --the car moves forward and continues to accelerate. The engine is controled by the computer and cuts in as needed to charge the batteries and to add to the performance.
10-28-2007 @ 4:49PM
vcs745 said...
I got a device for the car that will give me unlimited mileage..............call it a bike......
10-30-2007 @ 11:40AM
jpdr1100 said...
The evil crushing of cars (EV-1s) that keeps getting tossed in GM's face is standard procedure on the industry. They can't have all these old cars hanging around, and they can't risk them getting back into the publics hands where they would be required to support them.
GM may or may not have had the public's best interests in mind when they canceled that program, but please drop the crushing complaint. It simply shows the writers know nothing about the auto industry.
10-30-2007 @ 1:52PM
Tony said...
Like GM or not it's an American Icon and has contributed much to this contry and the world as a whole. Remember US Steel, Bethlem Steel? how many of these corp. are we going to take to the mast and not care if they survive? Why are we so hyper critical of the US firms, doesn't anyone else make bad decissions in business? Or there not made as public as others. Who's buying the opinions that shapes the content of what we read?