GE Awarded $1.36M to Improve Electric Vehicle Efficiency

Funds will be used to create fleet of smart-grid vehicles.

Published: 28-Dec-2011

GE Global Research in Niskayuna, New York, has received a $1.36 million federal grant to improve the efficiency of electric cars.

The grant, funded through the Department of Energy, will also be used to create a fleet of smart-grid vehicles for the shipping and municipal maintenance industries.

It could not be immediately determined if the DOE grant would create jobs or help retain existing ones.


Daimler's Dieter Zetsche with electric car prototype.

Daimler chief Dieter Zetsche wants direct purchase funding to keep German carmakers technologically competitive.

Established in 1998, 45,000 GEM cars have been sold globally.

Neighborhood electric vehicle manufacturer sold $30 million worth of units in 2010.

German-E Car Stromos is EV conversion based on Suzuki Splash.

Merkel government wants to see 1 million electric cars on German roads by 2020.


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