Today Fuel Systems Solutions (FSYS) was selected by General Motors (GM) as a Tier-One supplier for a new compressed natural gas (CNG) bi-fuel commercial pickup truck. The company is already integrating its bi-fuel systems into the Chevy Express and GMC Savana cargo vans at its facility in Indiana and will add this new CNG pickup from GM into the mix. The vehicle is expected to launch in about a year.
Tag Archives: GM
A123 Systems (AONE) Soars On General Motors (GM) Lithium Battery Deal
Earlier today, A123 Systems (AONE) got some much needed good news and it was big news leading to a nearly 50% spike in the stock. General Motors (GM) awarded the company a production contract for batteries to be used in future GM electric vehicles to be sold in select global markets. The deal expands upon the existing relationship between the two companies to further the development of advanced batteries.
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Westport Innovations (WPRT) & General Motors (GM) To Partner On Natural Gas Vehicle Development
Significant news hit yesterday in the world of natural gas vehicles. Nat gas engine extraordinaire Westport Innovations (WPRT) announced it will work with General Motors (GM) for the advancement of natural gas engine technology. The company also announced it plans to open a new R&D center in Michigan.
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"We are excited to work with GM and invest in advanced natural gas technology for the automotive … Read the rest
Tesla (TSLA) Says Cheaper Batteries Gets It To Profitability Quicker Than Nissan With LEAF
In an article over at Bloomberg a few days ago, Tesla Motors (TSLA) indicated it believes it can reach profitability much sooner with the Model S (still a year or two away from selling) than Nissan can with its LEAF electric car because of cheaper batteries. Tesla said its battery cells which are similar to those used in laptops allow the company to reach profitability after 20K Model S’s sold which is far less than … Read the rest
General Motors (GM) Officially Launches Chevy Volt
The glam and glitz continues as the Chevy Volt nears its debut on US streets. While the company announced the beginning of production at its plant in Detroit, a few hundred have already been built and will be sold in a few major cities. The car is expected to get 93 MPG when using all electric in that first 35 miles and 37 MPG when running on gas for a combined 60 MPG which could … Read the rest
General Motors (GM) Riding High With IPO & Chevy Volt
It seems like just yesterday that General Motors (GM) was “Government Motors” and relying on you and I to remain afloat. Ah what a difference a couple years can make. As is the case with most of the major auto manufacturers, General Motors (GM) has experienced a resurgence with an expected $2 billion in profits in Q3, culminating in an IPO which priced tonight well above the expected range of $26 – $29 at $33/share. … Read the rest
A Roundup Of Reactions To the Chevy Volt
A couple days ago, GM made some pretty gigantic waves in the auto industry when it announced that it expects its upcoming hybrid model, the much anticipated Chevy Volt, to get an astonishing 230 miles to the gallon. And that’s for city driving. Sound incredible? The mixed reviews are sure to straighten out in the days and weeks to come, but for now, there are quite a few decided opinions on the Volt.
Over at … Read the rest
Winners Of Lithium Ion Advanced Battery Grants: UQM, XIDE, HEV, JCI, GM, F, A123, Chrysler
The government has dished out the funds for advanced battery research and development and the winners are….
Johnson Controls (JCI) – $300 million
A123 Systems – $249 million
General Motors (GM) – $240 million
EnerDel (HEV) – $118.5 million
Ford (F) – 92.7 million
Chrysler – $70 million
UQM Technologies (UQM) – $45 million
Exide (XIDE) – $34 million
2010 Chevy Volt Test Fleet Coming June 1st?
The 2010 Chevy Volt continues to make progress on its targeted production date of November 2010. According to the blog www.gm-volt.com (which is no way affiliated with GM), the Volt’s lead engineer Andrew Farah has a countdown clock in his office revealing that on June 1st the assembly of the first Volt will take place. Apparently they will be built at a rate of about 10 per week until a fleet of 80 is achieved … Read the rest
General Motors (GM) Recovery Plans Ride On The Volt
The recovery plan that GM submitted to the government depends heavily on the downtrodden automaker’s ability to turn itself into a leaner and greener company. Earth2Tech.com reports that the company validates its intentions to create jobs for Americans and help combat climate change by referencing the following:
… Read the restThe Michigan assembly plant planned for the Volt battery pack, and a nearby lithium-ion battery development program. What’s the one vehicle it names in the stated plan to