GM CEO responds to Lutz's global warming's a "total crock of sh*t" comment
Wall Street Journal blogs
about GM CEO Rick Wagoner recent talk to reporters in Washington about GM chairman Bob Lutz's recent comment that global warming is "a total crock of sh*t." Wagoner backed away from the comment, saying that "the comments weren't coming out of the company" and "I would have preferred to pass on the comment." Wagoner didn't back away from Lutz, though, calling him "the clear leader of GM's push to develop extended-range battery-powered hybrid vehicles."So, what does Wagoner think about global warming? Wagoner says "the data is pretty clear that the temperature on the earth is rising." Saying the globe is warming is quite different than saying humans are a significant contributer to that warming. The "non-confrontational" Wagoner, as the Journal describes him, has never said he believes in global warming or not (see 37 minutes into the video below the fold).What's GM doing about global warming? Wagoner says "it makes sense for us to put the business in a place where can respond productively." Wagoner also says that "a lot of things need to be done to address CO2" and that GM is investing "a huge amount of money" to fulfill the company's responsibility as a big player in society. In the past Wagoner has said electric cars don't look like the answer but GM has come around to the idea.
GM Biofuels manager responds to Minnesota E20 study
Over on the GMnext blog, Coleman Jones has posted a response to the recent push to go from E10 to E20 at regular gas pumps in Minnesota. Jones is the Manger of Biofuels Implementation at GM Powertrain. While GM has obviously been a huge proponent of the expanded use of ethanol, they are reluctant to endorse this move toward E20. Their concern has to do with durability over the long term. Vehicles sold as E85 capable have already gone through all the durability testing necessary to ensure that the engines, including the fuel system and exhaust system, will survive the long-term use of E20 and higher concentrations of ethanol. Non flex-fuel engines haven't gone through this kind of rigorous testing and a one year test of 40 vehicles isn't considered sufficient.
Coskata raised $19.5m in Series B funding
According to this tiny news posting, the cellulosic ethanol biotech team over at Coskata has raised $19.5 million in Series B funding (series B funds are made in the second round of investment in a private company). Whether that money includes the undisclosed amount GM put into the company earlier this year is unclear. I went hunting for the original regulatory filing where Private Equity HUB claims they found the information, but couldn't track it down. Coskata has not yet released an official statement about the funding, but PE says that backers named in the filing include Globespan Capital Partners, General Motors, Khosla Ventures, GreatPoint Ventures and Advanced Technology Ventures. The new name in the Coskata-backing lineup is Globespan.
GM offers more insight into their view of hydrogen
Like Toyota, General Motors has offered some additional information into their viewpoint regarding hydrogen and fuel cells. As we recently reported, Toyota's Irv Miller called out The Wall Street Journal for bad reporting practices when they quoted Toyota President Katsuaki Watanabe as suggesting that fuel cells were falling off the alternative fuel roadmap. GM's Bob Lutz was also quoted in that WSJ article, and it seems that he may have been misunderstood as well. According to Robert Babik, director of emissions, environment, energy and safety policy at General Motors, the General still sees hydrogen as a possible solution to our energy woes. Maybe it'll take 50 years, but it seems that both Toyota and GM are committed to the technology.
Blast from the past: 1991 CNN report on GM Impact
Tell me if anything from this 1991 report (see video below the fold) by CNN sounds familiar. First introduced at the LA Auto Show, GM planned to sell a 120 mile range electric car very soon. The electric car would be produced in Michigan, with an initial production of twenty thousand and an estimated cost in the high twenties. There were problems with the batteries, which need to be replaced every two years for "several hundred dollars." There was also talk GM might include the cost of the batteries when you buy the car but they won't confirm. Familiar? Yeah, we thought so to.
CalCars jumps into the GM/Toyota PHEV battle. The winner is ...
Ron Gremban of CalCars has written an interesting guest piece over on Green Car Congress examining the debate between General Motors and Toyota that started last fall about the best approach to plug-in hybrid vehicles. The debate started when Toyota executives criticized the whole series-hybrid/extended range EV approach of the Chevy Volt. Gremban does a good analysis of the numbers looking at each type of powertrain over different driving cycles. So the obvious question is: Who's right, GM or Toyota? Both. As the old saying goes, tell me which side of the argument you're on and I'll give you the statistics to prove you're right. The bottom line is that the better configuration depends on which driving cycle you use. For the foreseeable future as batteries remain expensive, getting maximum benefit depends how far you drive and at what speeds. For shorter driving cycles and lower speeds, the less expensive blended PHEV approach used in the plug-in Prius and Saturn Vue get the most benefit from a smaller battery. People who drive at higher speeds or longer distances will get more benefit from an E-REV like the Volt, which comes at a higher cost. The bottom line is that there is no one right answer for everyone. The replacement of petroleum will require a diverse approach to energy. The best answer will depend on where you live and how you use the vehicle.
Toyota refutes WSJ fuel cell story
Recently the Wall Street Journal published a story claiming that General Motors and Toyota were both backing off on their fuel cell development efforts. It appears that in spite of quotes from GM Vice Chairman Bob Lutz and Toyota President Katsuaki Watanabe, fuel cells are still seen as the long term solution for on-board energy generation. Toyota communications boss Irv Miller has a new entry on the Open Road blog that corresponds with what Jaycie Chitwood and Bob Carter told ABG last month in Chicago. Toyota is still committed to the technology and has demonstrated the functionality. Their efforts now are focused on cost reduction. The other major issue - one that is outside of Toyota or GM's scope of responsibility - is the fueling infrastructure. It appears likely from what we've heard from multiple companies that widespread hydrogen availability won't happen first in the U.S. Places like China and Norway seem much more interested in making H2 a reality and will probably lead the way. Until that happens Toyota, GM, Ford, Daimler and other will press ahead on the vehicle side of the equation so that they are ready to go when the pumps are.
Sunday, March 16, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment