GM Reiterates Continued Investment in Fuel Efficiency and Clean Emissions
Work on Hydrogen Fuel Cells Also Will Continue Despite Company's Bankruptcy
They've said that they don't expect their financial woes to adversely impact their company's various fuel efficiency and clean emissions initiatives, and now that General Motors Corp. is officially bankrupt they're saying it again.
Specifically, in an interview on National Public Radio (which we missed but was picked up by AutoblogGreen) GM's chief financial officer, Ray Young, said that the automaker believes gas prices will rise, that consumers will "demand" more fuel efficient and greener vehicles and that GM is "going to make that commitment [and] make that investment..."
But wait! That's not all!
GM's chief executive, Fritz Henderson, told NPR that the company will continue its research and development work on hydrogen fuel cells, even though it now believes that commercialization of fuel-cell electric cars is "far away."
Having driven GM's fuel cell Equinox (above) and Honda's FCX Clarity, we don't doubt Henderson's contention that hydrogen fuel cells can work in the family auto.
We just hope he's wrong about commercialization being a thing of the distant future (although we must admit that it is a dimming hope as the federal government seems to have turned away from hydrogen to concentrate its R&D funds on plug-in hybrids and battery-electric cars).
- Posted by
- John O'Dell June 4, 2009, 5:47 PM
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- Fuel Cell, General Motors, Hydrogen
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- Fuel Cells, General Motors, GM, Hydrogen
I think dumping the Hummer brand was a step in the right direction.