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GM to Set Up Research Center in Shanghai

BEIJING -- General Motors Corp. said Monday it will set up a $250 million alternative-fuel research center in Shanghai amid efforts by global automakers to produce commercially viable alternatives to gasoline engines, according to the Associated Press.Global automakers are stepping up research into fuel cells, biofuels, diesel and other power sources amid rising demand from governments and consumers for cleaner transportation and an alternative to expensive oil.

Posted by Peter C. T. Elsworth  at 9:55 AM to Alternative fuels , China , GM | Permalink

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