GM to make electric motors in U.S.

NEW YORK (CNNMoney.com) — General Motors announced Tuesday that it intends to become the first major automaker to design and manufacture electric motors for cars in the United States.

Electric motors are used in gasoline-electric hybrid vehicles as well as fully electric-powered vehicles.

The first GM electric motors will be used in the next generation of the automaker’s rear-wheel-drive full-hybrid vehicles such as the Chevrolet Tahoe hybrid SUV beginning in 2013.

Those next-generation vehicles will use two unique electric motor designs, the automaker said. Those electric motors will be combined with an internal combustion gasoline engine to provide improved fuel economy.

CNN