Monday, January 07, 2013

GE: Some of those "electric" vehicles that we said we'd buy will actually be powered by natural gas or propane

Natural Gas Vies With Electric Hybrids in GE Auto Fleet - Bloomberg
General Electric Co. (GE)’s commitment to buy 25,000 electric autos, promoted as the largest ever when it was announced more than two years ago, is taking a detour.

The obstacle: Customers of GE’s corporate fleet-services unit wanted more options, said Deb Frodl, the division’s chief strategy officer. So GE has included natural gas-powered pickups and propane-fueled vehicles among about 11,000 autos -- mostly plug-in hybrids and electric cars -- already acquired from makers...

No comments: