GM is determined to retain its title as the largest automaker around the globe. To defend the title further, it will be actively look for more partners that will alleviate its standing. Taking lithium-ion technology to production is one of the significant endeavors that GM is concentrating on.
"These two agreements are by no means the only avenues we're pursuing," Gray said. "We are fully committed to forging the necessary partnerships to produce battery solutions that will meet our aggressive vehicle program targets."
"But a lot of testing and development is still needed., a joint venture between Chevron Technology Ventures and Energy Conversion Devices.At present, the automaker is developing a 2-mode hybrid system with DaimlerChrysler and BMW Group. Said system will be used in front-, rear- and four-wheel drive applications in a portfolio of car and truck models. It is set to make its debut late this year in the Chevrolet Tahoe/GMC Yukon Hybrid SUVs. GM, founded in 1908, employs about 326,999 people worldwide. With global headquarters at the Renaissance Center in Detroit, Michigan, USA, GM manufactures its cars and trucks in 33 countries. GM brands include Buick, Cadillac, Chevrolet, GMC, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall.
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