Car giants to invest $1 billion in hybrid cars
A research alliance consisting of General Motors, BMW and DaimlerChrysler plans to invest over $1 billion in the development of a new hybrid transmission and related systems that backers say will leapfrog the market-leading technology now offered by Toyota.
The three car makers have about 500 engineers who have been working for the past 18 months on the joint development of the next-generation hybrid engine technology, which combines a battery-powered electric motor with a conventional petrol combustion engine, company representatives said today on the sidelines of an industry trade meeting.
The so-called dual-mode hybrid technology that has been under development by the consortium includes an onboard fuel-optimisation computer that determines when and at what speeds the two motors will be used for power and how the on-board battery will be recharged.
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The three car makers have about 500 engineers who have been working for the past 18 months on the joint development of the next-generation hybrid engine technology, which combines a battery-powered electric motor with a conventional petrol combustion engine, company representatives said today on the sidelines of an industry trade meeting.
The so-called dual-mode hybrid technology that has been under development by the consortium includes an onboard fuel-optimisation computer that determines when and at what speeds the two motors will be used for power and how the on-board battery will be recharged.
story continued
posted by anthony m, at Sunday, August 13, 2006
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