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Thursday, November 13, 2008

Isn't a Volt delay inevitable?

Can GM's Chevy Volt battery suppliers commit to GM with bankruptcy looming?All about the battery

GM is on life support. Without government money, bankruptcy is inevitable. Yet, GM has made it clear that not only is work on Chevy Volt development ongoing, but that more resources and money are being put into the Volt - the icon of GM's future.

Still, the most critical element of the Volt's success - the lithium-ion battery - is dependent upon technologies not wholly owned by GM. Ultimately, the battery supplier is almost just as important as anything GM is doing.

Isn't it, therefore, reasonable to assume that Volt suppliers might proceed cautiously and slowly until the viability of GM is guaranteed?

Labels: bailout, Chevy Volt electric vehicle concept, GM, lithium battery

posted by Dahcredyns at 9:05 AM

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