GM is hoping its Envia investment will help it reach a 200 mile range

http://www.bloomberg.com/news/2013-03-06/akerson-says-gm-working-on-200-mile-range-electric-car.html
Akerson Says GM Working on 200-Mile Range Electric Car
By Tim Higgins  Mar 6 2013

General Motors Co. is working on developing an electric car that has a range
of as much as 200 miles (322 kilometers), Chief Executive Officer Dan
Akerson said.

“There will be breakthroughs in battery technology, they’re on the horizon,”
Akerson said today during a presentation at the IHS CERAWeek energy
conference broadcast on CNBC.com. “We’re actually developing a car today
which is really anathema to the way the auto industry works: We’re running a
dual play on the technology to see which one will succeed. One will result
in” a 100-mile range, “the other will be a 200-mile range.”

The CEO reiterated GM’s plans to have about 500,000 vehicles on the road by
2017 with some form of electrification, including the Chevrolet Volt, which
can go 38 miles on battery power, and he also pointed to work the
Detroit-based automaker is doing with diesel and compressed-natural gas,
according prepared remarks.

During his speech, Akerson called on President Barack Obama to appoint a
commission to develop a 30-year energy policy and said the U.S. should
continue to develop all forms of energy, including renewable sources.

“Everywhere you look there are opportunities to seize the energy high
ground,” Akerson said in the text of his prepared speech. “Indeed, our
leaders have been presented with an historic opportunity to create a
national energy policy from a position of strength and abundance. The
pillars of such a plan must include energy diversity, so we do not become
dependent on any one fuel or energy source.”

Cutting Weight

Automakers that reduce curb weight of their vehicles by 10 percent should be
able to reduce fuel consumption by 6.5 percent, Akerson said.

“Our target is to reduce weight by up to 15 percent.”

GM is bringing out an all-electric version of the Chevrolet Spark subcompact
and a diesel version of the compact Chevrolet Cruze this year as two of
about 20 new vehicles the company is introducing in the U.S. Akerson is
looking to boost market share in the country after it fell to an 88-year-low
in 2012.

The Spark will have an electric range of 75 miles to 80 miles, he said.

The automaker’s U.S. sales of cars and light trucks rose 3.7 percent last
year, less than the industrywide gain of 13 percent. As a result, GM’s share
of the U.S. market slid to 17.9 percent, the lowest since 1924.

As GM lost share, Toyota Motor Corp. gained with U.S. sales of its three
brands increasing 27 percent last year to 2.08 million, helped by the
introduction of 19 new or refreshed vehicles.

The sales surged helped Toyota outsell GM last year by 460,000 vehicles
globally to again become the best-selling automaker in the world. The U.S.
automaker finished No. 2, outselling Volkswagen AG by more than 200,000
deliveries. The Wolfsburg, Germany-based automaker aims to become the
world’s biggest by 2018. 
[© 2013 BLOOMBERG  ALL RIGHTS RESERVED]



http://www.bloomberg.com/news/2013-03-06/akerson-says-gm-working-on-200-mile-range-electric-car.html
Akerson Says GM Working on 200-Mile Range Electric Car
(GM) is working on developing an electric car that has a range of as much as
200 miles (322 kilometers), Chief Executive Officer Dan Akerson said. “There
will ...



http://investorplace.com/2013/03/gm-plans-electric-vehicle-with-200-mile-range/
GM Plans Electric Vehicle With 200-Mile Range
Speaking at an energy industry conference on Wednesday, GM CEO Dan Akerson
predicted that major advances in battery technology were coming soon.



http://www.torquenews.com/1079/gm-keeps-hinting-200-mile-electric-car
GM Keeps Hinting At 200 Mile Electric Car
These days, the race to break the 100 mile electric car range barrier is
crucial for carmakers. GM is hoping its Envia investment will help it break
the 200 mile ...




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