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Technology Stocks : Energy Conversion Devices

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To: SolarGal who wrote (8366)	6/10/2009 10:15:31 AM
From: SolarGal	Read Replies (3) of 8393

GM Opens a Battery Research Lab for the Volt The large facility is meant to reflect a change of direction for the bankrupt company. Excerpts: This week, GM officially opened a 3,000-square-meter battery lab at its technical center in Warren, MI. .... The new battery lab is part of GM's strategy to develop its own battery packs, just as it now develops its own gasoline engines. .... Fritz Henderson, GM's new CEO, is using the Volt and the battery lab to highlight a new direction for the automaker. Henderson recently called the lab the "lifeblood of our future" and said that "the new GM intends to be a leader in these technologies" once it emerges from bankruptcy. ....

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