GM and Chrysler finally ready to launch their hybrids

GM, DaimlerChrysler and BMW will launch GM's dual mode hybrid technology in their respective gasoline-electric hybrid powertrains at this year's North American International Auto Show.

The three automakers formed an alliance in an attempt to catch up with Toyota, the leading seller of hybrid cars. The dual mode hybrids offered by these companies will offer very different performance compared to Toyota's hybrids.

GM's dual mode hybrid technology should be cheaper; however, it won't be as efficient at Toyota's technology, especially in urban driving. GM's technology, on the other hand, could offer advantages in certain areas of performance, such as towing.

Still, Toyota has some huge advantages regarding hybrids. Already Toyota believes that it can cut its hybrid costs in half when it releases its third generation hybrid drive in just a couple of years. If this is true, it will wipe out GM's cost advantage, while also offering significantly better fuel efficiency

Nonetheless, the competition that is developing in the hybrid segment will be good for all consumers. While Toyota and Ford hybrids utilize very similar technology, Honda has succeeded with its own technology, and now comes GM's hybrid technology. Additionally, both Volkswagen and Hyundai shouldn't be far behind with their hybrids.

This competition will increase hybrid supplies, which will make all hybrid vehicles cheaper. Moreover, the competition between hybrid technologies will, inevitably, lead to affordable, extremely fuel efficient vehicles.