GM Ventures is focused on investing in innovative and early stage companies. Jon Lauckner, President GM Ventures, has been busy since GM Ventures was established last June and he was promoted from head of GM global product planning. GM Ventures has invested in Bright Automotive, which has designed an advanced plug-in hybrid delivery van with much greater cargo space than Ford’s Transit Connect Electric. GM has invested in two advanced next generation biofuel corporations – Mascoma and Coskata. Given the success of the Amyris IPO, these investments could should a high return for GM.
By John Addison (10/5/09). A growing number are eager to buy plug-in hybrids from Toyota, Chevy, Ford, Fisker, and others that are completing new manufacturing for 2010 orders and serious competition in 2011. Oil prices have doubled from their low this year. People are planning to save on fuel for years, by using more inexpensive [...]