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GM to Open New Electric Car Research Centre in China
Nov. 29, 2012 05:01AM PST
Critical Minerals InvestingCNBC reported that General Motors is opening a research centre in China, hoping to harness the intellectual power of the country’s recent engineering graduates to further their development of the electric car.
CNBC reported that General Motors is opening a research centre in China, hoping to harness the intellectual power of the country’s recent engineering graduates to further their development of the electric car.
As quoted in the market report:
One principal area of research the new tech center is likely to focus on, Zhang believes, is “new energy” – a Chinese codeword for heavily electrified technology that powers all-electric battery cars and plug-in hybrid electric vehicles.
To view the whole CNBC report, click here.
