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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World GM breaks ground on China hi-tech car lab AFP - Tuesday, July 20 Send IM Story Print GM breaks ground on China hi-tech car lab SHANGHAI (AFP) - – US auto giant General Motors broke ground in Shanghai on Monday on a research facility that will develop electric cars, lightweight materials and alternative fuel technology for China and the world. The 250,000-dollar facility, which is due to be completed by the end of 2011, will house a 300-plus team of designers, engineers, researchers and technicians, GM China President Kevin Wale told a news conference. "Clearly the growth of China as the most important growth market in the world means that we're going to be putting more of our resources in advanced technology and research here," Wale said. GM is the market leader in China, which overtook the United States for the first time last year to become the world's biggest auto market. The US automaker and its joint venture partners expect to sell more than two million cars in the country this year after selling a record 1.83 million in 2009. Reflecting China's importance to GM, the company has located its international headquarters to Shanghai, where it has a joint venture with Chinese automaker SAIC. GM's China Advanced Technical Center will include nine research labs and 62 test labs for work on new propulsion systems, petroleum alternatives, electrification systems and new engines and battery cells, the company said. "We are trying to be at the forefront of learning," Wale said. "We are testing new ideas, testing new design frontiers and trying to find applications that can continue to help us lead in technological development." In the coming years, GM will aim to "recruit some of the best brains in China's academic system" to develop vehicles and technologies that will be used in the companies vehicles sold in China and overseas. "On every new product we're looking at, the China voice is getting stronger and stronger. There's more and more understanding of their needs and more and more interest in applying that," Wale said. Cars with smaller engines and plusher interiors, such the Buick Lacrosse, show how Chinese consumer tastes are influencing GM globally, Wale said. "It's just a logical extension of the success of the China market and our success over here," he said. Recommend Send IM Story Print Related Articles US-BUSINESS Summary Reuters - 27 minutes ago Corrected: Moody's cuts Ireland on bank, growth worries Reuters - 27 minutes ago Russian rouble down on local dlr and euro buying Reuters - 30 minutes ago Turkish markets mixed, Turk Telekom Q2 beat f'casts Reuters - 33 minutes ago CORRECTED-UPDATE 1-BP sees 40-50 new wells in Rumaila 2010, 2011 Reuters - 40 minutes ago News Search Top Stories Boeing, Airbus take orders worth 9 bln pounds Moody's downgrades Ireland debt rating Philips reports six-fold rise in profits Philips report big profit on consumer electronics Matt Bettencourt captures PGA's Reno Open More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Paris Hilton caught with cannabis in handbag World pays tribute to Mandela at 92 Boeing's Dreamliner completes first flight outside US Boeing, Airbus take orders worth 9 bln pounds Emirates Airline to order over 30 Boeing 777s: report More Most Viewed » Reclusive top mathematician turns down prize, again Paris Hilton caught with cannabis in handbag Germany's 'Octopus oracle' keeps perfect record Who's right - the dolphin or the octopus? 3 Russian spy suspects due in US court More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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