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DaimlerChrysler, GM to Develop Hybrid Propulsion Technology.

DaimlerChrysler AG and General Motors Corporation recently announced they plan to work together to develop a two-mode full hybrid propulsion architecture for applications in GM, Chrysler Group and Mercedes Car Group vehicles.

The companies said they have signed a non-binding memorandum of understanding and intend to enter into a definitive agreement in early 2005.

"Our planned cooperation will draw on the technical expertise of two of the largest auto companies in the world," said DaimlerChrysler board of management member Thomas Weber. "The result is expected to be a series of strong hybrid propulsion systems that will serve as a solution for our alternative powertrain needs."

Contact: DaimlerChrysler, website http://www.daimlerchrysler.com.

(EIN STAFF: 12/13)
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Title Annotation:General Motors Corp.
Publication:Electric and Hybrid Vehicles Today
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 15, 2004
Words:116
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