GE's 'Largest Order in History' To Boost Electric-Car Market

General Electric, the conglomerate that produces everything from power-plant turbines to television shows, wants to jumpstart the electric-vehicle market. To do that, said CEO Jeffrey Immelt yesterday in London, it will place the "largest order in history" for electric vehicles, numbering in the tens of thousands. That order could come as soon as next week. It will likely be spread across mutliple manufacturers, since early production by General Motors and Nissan is limited, and will encompass not only passenger cars but also delivery trucks. Immelt did not specify whether the order would be restricted to pure battery electric vehicles, or whether plug-in hybrids would be included as well.


Read Article

internationalmanofmystery - 11/1/2010 10:01:42 AM

+1 Boost

Nice stunt, Jeff

holmstar - 11/1/2010 10:29:55 AM

+2 Boost

It's only a stunt if id doesn't do anything but grab attention. But there's a chance that this actually might work in accelerating the adoption of electric vehicles. Still, 10k vehicles is a drop in the bucket compared to the number of cars currently on the road.

280SE - 11/1/2010 12:58:23 PM

+2 Boost

But if he can demonstrate how to implement EV use successfully on the commercial/industrial level it will amount to more than a drop in the bucket.

thstone - 11/1/2010 7:33:39 PM

+2 Boost

So, GE is buying electric vehicles for which they produce the key components for power storage, charging stations, and electrical power generation and transmission.

Isn't there a word for self-provided pleasure? Yeah, its kinda like that.

uaw_lax - 11/2/2010 9:16:35 AM

+1 Boost

You beat me to it thstone! but if they truly want to help push electric cars they should directly help automakers with engineering and development expertise.