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GE To Buy 25,000 Electric Vehicles By 2015, Including 12,000 Volts

General Electric Co. (GE) said it will buy 25,000 electric vehicles by 2015 to use in its fleets and those of its fleet-services business, converting at least half of one of the world's biggest vehicle fleets to electric.
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Πεμ, 11 Νοεμβρίου 2010 - 19:03
General Electric Co. (GE) said it will buy 25,000 electric vehicles by 2015 to use in its fleets and those of its fleet-services business, converting at least half of one of the world's biggest vehicle fleets to electric.

The move will benefit the conglomerate, which makes technology that "touches every point of the electric vehicle infrastructure," said Chairman and Chief Executive Jeff Immelt. GE says the electric-vehicle market could generate up to $500 million in revenue for the company over the next three years, helped by demand for its charging station, the "WattStation."

"By electrifying our own fleet, we will accelerate the adoption curve, drive scale, and move electric vehicles from anticipation to action," Immelt said.

The company will initially buy 12,000 Chevrolet Volts, made by General Motors Co., starting in 2011. GE said it will then add other electric vehicles to its fleet as other manufacturers expand their portfolios. The company noted it is in a "strong position to help its 65,000 global fleet customers convert and manage their fleets."

The Volt is expected to start being delivered to retail customers by the end of this year.

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