Ethanol or Electric Cars? The Debate Isn’t Over, Says GM

GreenTechMedia.com
Michael Kanellos: August 23, 2010

General Motors makes the Volt, but ethanol will be a big part of the strategy, too.

Electric cars and biofuels seem to inhabit different universes these days. Nissan, General Motors, Toyota, Volkswagen, Honda, Ford, BMW, Tesla Motors, Fisker Automotive and Daimler, among others, have unfurled plans to release affordable electric cars over the next few years. Thousands of consumers have plunked down deposits on upcoming models and states have sought grants to pay for charging networks.

Meanwhile, biofuel startups, struggling for cash, have branched into jet fuel, chemicals and food additives as a way to get revenue to come in the door.

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