GM’s announcement comes amid whispers of bankruptcy and at a time when GM stock is lower in price than it has been in 40 years. What will happen, both to the project and to GM, is anybody’s guess, but clearly, one of America’s biggest corporations has totally reversed course and realized that the future of the country and of the world lies in finding viable alternatives to fossil fuel. It’s good to see an American automaker waking up to reality. Come home to America, GM. All is forgiven. I can’t wait to test drive a Volt.
GM Europe President Carl-Peter Forster discusses this new project.