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Tagged : a123-systems

GE will invest in electric cars to boost charging equipment sales

November 12th, 2010

Hoping to help spark demand for its own charging equipment, General Electric Co. plans to buy 25,000 electric vehicles from makers including General Motors Co over the next five years. GE hopes the move will speed acceptance of electric cars by getting more of them on road more quickly and prompting investment in the equipment that users will need to charge them.

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As electric car battery plants open, stimulus investment costs will be put to the test

September 14th, 2010

Nissan's LEAF, the manufacturer's new all-electric vehicle.

As mass-produced electric cars begin to become a reality, the need for more and better batteries is expected to ramp up as well. But will demand justify the Obama Administration’s considerable investment in those batteries as part of the economic stimulus program? In deflecting criticism of the $814 billion stimulus, the administration has trumpeted the battery industry as one of its success stories.

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