2008 GM Signs Deal Examining Recharging Infrastructure Car Review and Specs | 2008 GM Signs Deal Examining Recharging Infrastructure Car Wallpaper Pictures Pics

The cooperation between General Motors Europe and Iberdrola reflects the interest of both companies to enhance the development of these types of vehicles, which implementation at high volume will contribute to environmental protection through energy diversity in transportation.
The agreement has been signed by Javier Villalba, Director of Spain Network Business from Iberdrola, and Jamal El-Hout, Vice President, Product Planning from General Motors Europe.

Madrid – General Motors Europe and Iberdrola have signed an agreement to jointly perform a feasibility study which, ultimately, will analyse the technical requirements of a recharging infrastructure for the integrated marketing and viability of plug-in electric cars. The agreement has been signed by Javier Villalba, Director of Spain Network Business, and Jamal El-Hout, Vice President, Product Planning from General Motors Europe.

This cooperation reflects the interest of both companies, worldwide leaders in their respective business areas, to encourage the development of electric vehicles, in particular extended-range electric vehicles like the Chevrolet Volt, which used at high scale will significantly contribute to increased energy efficiency and environmental protection.

Both companies already work together in an important international project related to plug-in electric vehicles, coordinated by the prestigious Electric Power Research Institute (EPRI) from the United States and with the participation of another 41 electrical companies from all over the world.

The main areas of the study, which will be carried out in Spain and the United Kingdom, are convenient and safe charging for consumers. GM and Iberdrola will analyse the requirements for the location of plug sockets in private homes and offices, and public or private parking, and for the installation of electricity meters.

In the framework of this study, both companies expect to develop specific actions to assess the optimum viability of electric cars. General Motors Europe and Iberdrola will analyse E-REV technology and the electrical network capacity and will specify the conditions for the electrical charge of vehicles.

In case the outcome of the viability research is positive, both companies foresee to evaluate possible agreements with the different European, national, regional and local governments, to support the implementation of this initiative.

IBERDROLA has consolidated in the last years as a worldwide energy leader, present in more than 40 countries, with a capacity over 42,000 MW and around 27 million customers. At present, it is the main Spanish energy company, the second eolic company in the United States and the third in gas storage and the third distributor in United Kingdom, where it is also one of the five reference marketing companies and holds the eolic leadership.

The Company considers that innovation is a strategic issue for its activity development. In this line, Iberdrola has been enhanced by the R&D Scoreboard as the first Spanish utility for its initiative in R&D and the fourth in Europe.

The Group develops a business model that confirms its firm commitment with sustainable development, that has situated them at the head of renewable energies, with almost 8,000 megawatts (MW) of implemented power, and that has been granted with different recognitions during the last years, among which can be highlighted its designation as best company of the utility sector from the prestigious 2008 Sustainability Dow Jones Index (DJSI) or having been considered in 2007 as one of the 100 most sustainable companies in the world, according to Global 100 Most Sustainable Corporations in the World.

General Motors Corp. (NYSE: GM), the world's largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 252,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. In Europe, GM sells its vehicles in over 40 markets. It operates 10 vehicle-production and assembly facilities in seven countries and employs around 55,500 people. More information on GM can be found at http://media.gmeurope.com and http://www.gmeurope.com. GM Europe executive blog at http://drivingconversations.com.

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2008 GM Signs Deal Examining Recharging Infrastructure Review

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