GM 'officially' announces hybrid, electric developments

GM has now officially stated its commitment to alternative fuels and alternative technologies.

"I'm announcing today that GM is significantly expanding and accelerating our commitment to the development of electrically driven vehicles, beyond what we have already committed to with our fuel cell and hybrid programs," said Rick Wagoner, GM's chairman and chief executive. (more)

Unfortunately, however, GM's future plans are still pie-in-the-sky. Almost everything is still something GM is working on. When you consider that GM has been working on fuel cells for about two decades, how seriously can you take the automaker?

Still, I'm willing to give GM the benefit of the doubt - for now.

-- For more read -- GM working on Saturn Vue Plug-In Hybrid and GM to announce hybrid vehicle future today