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GM boosts electric car plans
By Jin Jing |
September 22, 2011, Thursday
|
Print Edition
Print Edition
GENERAL Motors has announced its intention to strengthen the engineering in so-called new-energy vehicles in China to tap a growing demand and boost competition with Toyota and Volkswagen.
The carmaker yesterday opened the first phase of its China Advanced Technical Center in Shanghai, which will be an important part of the company's advanced technology research and development, President and Chief Executive Dan Akerson said.
Its China ATC will focus on research in lightweight materials and battery cells for hybrids, electric cars and other advanced technology vehicles.
GM previously said the technical center would give it an opportunity to speed up the development of electric cars by using Chinese resources and talent while meeting local demand. The company has put China at the center of its global strategy, as the government favors new-energy vehicles for fuel-conservation and environmental reasons.
On Tuesday, GM and its long-term Chinese partner SAIC Motor signed an agreement to develop a new generation of electric cars in China.
Mary Barra, a senior vice president at GM, said: "China is well suited to vehicle electrification, and GM wants to be at forefront of these efforts."
Akerson estimated the country's auto market will grow by another 13 million units in the next 10 years.
The second phase of the ATC is scheduled to open in the second half of next year. It will eventually employ more than 300 people at completion.
GM's plans to start importing the Volt extended-range electric car into China during the fourth quarter of this year.
A fleet of them has already been demonstrated in Shanghai, Beijing and Tianjin.
The carmaker yesterday opened the first phase of its China Advanced Technical Center in Shanghai, which will be an important part of the company's advanced technology research and development, President and Chief Executive Dan Akerson said.
Its China ATC will focus on research in lightweight materials and battery cells for hybrids, electric cars and other advanced technology vehicles.
GM previously said the technical center would give it an opportunity to speed up the development of electric cars by using Chinese resources and talent while meeting local demand. The company has put China at the center of its global strategy, as the government favors new-energy vehicles for fuel-conservation and environmental reasons.
On Tuesday, GM and its long-term Chinese partner SAIC Motor signed an agreement to develop a new generation of electric cars in China.
Mary Barra, a senior vice president at GM, said: "China is well suited to vehicle electrification, and GM wants to be at forefront of these efforts."
Akerson estimated the country's auto market will grow by another 13 million units in the next 10 years.
The second phase of the ATC is scheduled to open in the second half of next year. It will eventually employ more than 300 people at completion.
GM's plans to start importing the Volt extended-range electric car into China during the fourth quarter of this year.
A fleet of them has already been demonstrated in Shanghai, Beijing and Tianjin.
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