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GE to Order 'Tens of Thousands' of Electric Cars

Posted Nov 2nd 2010 12:20PM by Connie Madon (RSS feed)
Filed under: General Electric (GE), General Motors (GM), Nissan Motors (NSANY)

What's good for General Electric (GE) may be good for General Motors. GE CEO Jeffrey Immelt said in a speech Friday, the company would purchase electric cars in large quantities, CNNMoney reported, without specifying the exact number, nor which brands. Immelt said that half of GE's sales force will eventually drive electric vehicles.

General Motors' Volt and Nissan Motors' (NSANY) Leaf are due to hit the market this year. This move by GE will provide an endorsement for electric vehicles. Nonetheless, analysts at J.D. Powers Associates predicted that only 7.3% of passenger vehicles will be hybrids or plug in cars over the next decade, autoblog recently reported.

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Nissan to Open U.S.-Based Electric Car Assembly Plant

Posted Jul 2nd 2010 6:30PM by Brian White (RSS feed)
Filed under: Industry

Nissan has launched one of the first interactive iAd mobile marketing campaigns for the new Apple, Inc. (AAPL) iPhone 4, and it's taking the chance to promote its new all-electric Leaf passenger car. Although hybrid vehicles have been around in the U.S. for years (think Toyota Prius), all-electric cars have been limited to those teeny-tiny, mileage-limited vehicles. Nissan wants to change that with the four-door Leaf sedan.