NEW YORK -- General Motors Corp. has allotted about 25% of its research and development budget for fuel cell powered vehicles, says Larry Burns, vice president-research and development. That's three times more than the funds GM budgets for research into internal combustion engine and transmission improvements. "I'm passionate about reinventing the automobile and creating the hydrogen economy," says Burns, who oversees a budget of about $6 billion annually. In an interview with Ward’s, he ...
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