General Electric announced the world's largest-ever single electric vehicle commitment. The company will purchase 25,000 electric vehicles by 2015 for its own fleet and through its Capital Fleet Services business. GE Chairman and CEO Jeff Immelt said the company will convert at least half of its 30,000 global fleet to electrics and will partner with fleet customers to deploy a total of 25,000 electric vehicles by 2015. GE will initially purchase 12,000 GM vehicles, beginning with the Chevrolet Volt 2011, and will add other vehicles as manufacturers expand their electric vehicle portfolios. GE manufactures an electric vehicle charger the GE WattStation, which is designed to cut the time needed for vehicle charging from 12-18 hours to as little as 4-8 hours compares to standard charging. GE businesses including Capital Fleet Services, Energy and Licensing and Trading will benefit from an emerging electric vehicle market that could deliver up to $500 million in GE revenue over the next three years. GE also announced two electric vehicle customer experience and learning centers to provide customers, employees, and researchers first-hand access to electric vehicles and developing technologies. The centers will monitor and evaluate vehicle performance and charging behaviors, driver experiences, service requirements, and operational efficiencies, while also affording the opportunity to experience a variety of manufacturers and models, and gain insights on electric vehicle deployment. I think its great that the electric car industry is expanding and more people are becoming interested in it. I've never owned a car but if I were to choose a car to be my first car I would be definitively looking into electric cars. They seem much more convenient and in the long run, more beneficial for us and the environment.
Link to site: http://www.ens-newswire.com/ens/nov2010/2010-11-11-092.html
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