Now that the threat from Toyota looms large, GM, BMW and Daimler have finalized plans to invest over $1 billion in hybrid technology. A team of 500 engineers has been working for the past 18 months for the development of this the next-generation hybrid engine technology, which combines a battery-powered electric motor with a conventional gasoline combustion engine. This dual-mode hybrid technology has onboard fuel-optimization computer that determines when and at what speeds the two motors will be used for power and how the on-board battery will be recharged.
Andreas Truckenbrodt, executive director of DaimlerChrysler’s hybrid programs says:
We believe that our two-mode hybrid is the best of the hybrid systems. I think all three of us can say it’s truly amazing what you can get out of if you bring wild, dedicated engineers together.
The engine will be made available in two rear-wheel drive configurations or a front-wheel drive system. DaimlerChrysler plans to use the new hybrid system in its 2008 Dodge Durango SUV, GM will use it in Tahoe and Yukon SUVs expected by 2009. BMW too commits to utilize the engine over the next three to five years.
Via: reuters
