GM enters licensing deal with US Energy Dept over development of batteries

Article by Christian A., on January 7, 2011

General Motors Co. has entered a licensing deal with the U.S. Energy Department aimed at reducing costs and improving efficiency of advanced batteries for hybrid and electric vehicles. Korea's LG Chem supplies GM with its lithium-ion technology for its mainly electric Volt.

However, the government-patented technology for more powerful and longer-lasting charges enables the automaker to have more flexibility for the future. It may be possible too that it will someday underpin the home-grown development of batteries.

In a statement, Energy Secretary Steven Chu said that these deals enable GM to use cutting-edge battery technology throughout its supply chain.

When it comes to battery technology, the U.S. lags behind Asian manufacturers and suppliers but they are moving fast towards new hybrid and electric car designs to meet government and consumer demands for more fuel efficient vehicles.

Acting under President Barack Obama's directive, the Energy Department is supporting several approaches that aim to improve advanced batteries.

It’s no secret that U.S. companies such as A123 and those in Asia, including China's BYD, which is 10% owned by Warren Buffett's Berkshire Hathaway, are racing to offer the batteries first. Presently, hybrids account for a small fraction of U.S. sales.

All-electric vehicles for the general consumer have only recently arrived at the market with the Nissan Leaf. The Volt sedan marks GM's early efforts in the gasoline/electric market. [via autonews - sub. required]

Topics: gm, united states

If you liked the article, share on:

Comments

Recommended

The 2018 Dodge Challenger SRT Hellcat as we know, is the Demon's less powerful sibling, and there’s nothing wrong with that. But have you ever imagined how it would look...
by - June 28, 2017
Sorry Uber, but Handsome Cabs taxi company has something no one else can offer - a Lamborghini Huracan that can take their clients from Point A to Point B. This...
by - June 28, 2017
BMW saw a potential oil leak on the new M760Li, prompting them to recall the said vehicle last April. Today, a little over two months after issuing the first recall,...
by - June 28, 2017
Without a doubt, the SUV segment is getting increasingly more saturated. This month alone, we were greeted with city-oriented SUVs from the Kia Stonic to the Hyundai Kona, and now...
by - June 27, 2017
The Swedish moose test is known to have victimized many in the past, including the Toyota Hilux that massively failed. So knowing that many cars from trusted and leading automakers...
by - June 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries