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GM Awards Two Volt Battery Contracts
June 5th, 2007 | Posted in: Battery, Latest News
GM CEO Rick Wagoner announced today that 2 companies have been awarded contracts to develop the Lithium-ion battery packs that will power the Volt.
One went to Compact Power Inc (CPI) who will use batteries created by LG Chem. The other went to Continental Automotive Systems who will use A123 batteries.
Mr. Wagoner noted these contracts are an important next step to bringing the Volt closer to reality and specifically indicated the Volt can have a “huge” impact on oil consumption and that it is a “top priority” for GM.
This step will hopefully enable a working prototype by year’s end.
Read full press release here.
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Posted by: Lyle
7 Responses to “GM Awards Two Volt Battery Contracts”
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June 5th, 2007 at 11:04 am
Rick Wagoner also said that the company needs to move beyond petro-based fuels in a lengthy CNN article:
http://money.cnn.com/2007/06/05/news/companies/gm_annual_meeting/index.htm?postversion=2007060510
I’m a little annoyed about a couple of things mentioned, or rather, not mentioned. 1) there was no mention of the Volt (but of course, E85) and 2) shareholders were defeated in efforts to force GM to reduce greenhouse emissions (defeated by management).
GM is not scoring any points in my book.
dave
June 5th, 2007 at 3:30 pm
I am getting just a little more confident that GM is going to build these cars, I doubt they will sell the Volt concept car as it looks now, but they will probably sell some sort with the E-Flex tech which is critical. I haven’t heard anything but rumors about the next generation Prius that was supposed to get 100mpg, so GM may have the time to get this car to market before the market shifts away from them permanently.
I still think Ford is playing a fools game by failing to build a hybrid Crown Victoria, what city wouldn’t buy cop cars that get twice the mileage and allow their cops to do their computer work non-stop and allow the elected officials to boast that they have cut their carbon footprint nearly in half! Their are a lot of police cars out there, burning a lot of gas and cash…
June 5th, 2007 at 10:05 pm
Ziv: I totally agree about Crown Victorias. Same goes for Implala on GM’s side. If they got the two-mode system into the Impala they would sell a million of them (although police departments and taxi firms would have to start paying higher prices for fleet vehicles if they wanted hybrids).
June 6th, 2007 at 4:22 pm
GM needs to get this car into full production soon because if they don’t the foreign automakers will become the dominant ‘green’ vehicle builders in N. America.
June 6th, 2007 at 8:59 pm
In the G.M Shareholders meeting today this is what Mr. Wagoner said about the Volt. “In response to a question about when the company would introduce the Chevrolet Volt, the hybrid-electric concept car that G.M. unveiled at this year’s Detroit auto show, he said a target date had been set but declined to reveal it. He did suggest, however, that the usual industry window for new technology was three to four years” (New York Times, By RITA K. FARRELL
Published: June 6, 2007). This is exciting news.
June 6th, 2007 at 9:30 pm
R., correct me if I am wrong, but wasn’t the Volt ‘unveiled’ at the Detroit Auto Show in January of 2007? So he is talking about ‘introducing’ the Volt in 2010 or 2011? I hope that means production, and I really hope that it just might happen a year early, because the market is starting to leave GM behind, and they are losing ground too much already to get left at the altar on the transition to EVs. Or does the ‘industry window’ start substantially before a mockup gets shown in a car show? I hope that the latter is true, because I really want to see this car soon.
June 7th, 2007 at 7:42 am
The Volt project was actually conceived just after the ‘06 Detroit Auto Show, so it’s not unreasonable to expect a 2010 year model available by the end of ‘09.