General Motors announced August 3, GM will invest $ 5 million, and Indiana, a manufacturer of hybrid partnership.

     The hybrid manufacturer named Bright Automotive. General Motors announced last month it would invest $ 100 million to accelerate the development of new automotive technologies. The Bright Automotive will become the first company to receive the fund.

     Under the agreement, GM will hold a small stake in Bright Automotive, Bright Automotive General Motors will have the right to use certain technology.

     Currently, Bright Automotive is developing a product called the IDEA plug-in hybrid vehicles. This use of a common investment, Bright Automotive will start mass production in the next few months IDEA. IDEA battery life of up to 40 miles.