GM signs a deal with PTT

General Motors has signed a deal this Thursday with Thailand’s top energy firm PTT to collaborate on research into alternative fuels such as ethanol for cars. The deal was signed one day after GM announced a 445-million-dollar investment to build a new diesel engine plant and to upgrade an existing assembly plant in Thailand.

This research will concentrate on finding ways to enhance ethanol production from crops that are not used for food. The firms will also study hydrogen fuel, low-cost hybrid engines, and other fuel-saving technology in Thailand and the rest of Southeast Asia

“The strategy will focus on alternative energy that is socially responsible, economic, environment-friendly and with practical technology. GM and PTT will cooperate to study possible markets as well as the infrastructure needed to realise benefits from increased use of alternative energy,” GM chief executive Richard Wagoner said in a statement.