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GM announces new $250M green car research center "in China, with China, for China"

As his company launched two-mode hybrid production in Baltimore today, GM's Chairman and CEO Rick Wagoner was in Shanghai. Wagoner was in China to announce a new US$250 million research hub and energy center, called the GM Center for Advanced Science and Research. Wagoner said this center "will support China as it undertakes one of the most rapid technological transformations in world history. It is designed to bring together various resources, including SAIC's new Energy Unit, to accelerate research in the areas of energy-efficient and ... Read more →

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