Electric Cars Open Doors for Start-Ups
General Electric’s announcement that it will switch to battery power for half its huge sales and service fleet comes as good news for proponents of electric propulsion.
General Motors alone stands to pick up orders for at least 12,000 Volt plug-in hybrids in a deal that is likely to be much-discussed at the annual Los Angeles Auto Show, which opens this week.
Proponents of what industry insiders refer to as “electrification” see GE's move as just the breakthrough battery cars need. Fleet buyers, rather than retail, may be the force that gives the nascent green technology the momentum it needs to reach critical mass, said Robbie Diamond, CEO of the Electrification Coalition, a trade group.
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