Raser Technologies charcoal absorbed in accepting GM’s HUMMER brand–and affairs a new archetypal ambit including extended-range electric HUMMER H3 models as able-bodied as a new bunched H5 off-roader if it convinces the automaker to advertise it the cast and associated factories and affairs for manufacturing.
GM has said it affairs to shut bottomward HUMMER afterwards Chinese barter maker Sichuan Tengzhong’s bid was concluded beforehand this year by the American automaker.Last week, The Car Connection appear that Raser had alert bid for HUMMER’s assets, afore Tengzhong’s bid was accustomed and again terminated. Utah-based Raser, which has developed a constituent amalgam HUMMER H3 test-driven by enthusiast buyer and California Governor Arnold Schwarzenegger, submitted a additional bid afterwards Tengzhong failed.
GM says it will shut bottomward the brand, rather than advertise to Raser.GM did not acknowledge to The Car Connection’s appeal for added information, but aftermost anniversary it appropriate to The Atlantic that it had apropos over Raser’s adeptness to account assurance claims. No specifics on how Tengzhong, which has no acquaintance in the American car market, would do the same, accept been offered.
A antecedent tells The Car Connection that the Raser plan for HUMMER would absorb three key products:
The Raser bid centers about the transformation of HUMMER into a attribute of American renewal–exchanging HUMMER’s environmentally acrimonious angel for one apprenticed up in hybrids and electric vehicles. Sources advance the Raser HUMMER H3 could accomplish a artery ammunition abridgement appraisement up added than 32 mpg, with technology accurate production-ready by a ambit of manufacturers.
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