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FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

Green Car Congress

The joint commitment represents more than 10,000 vehicles and potential revenues of at least $600 million for manufacturers who can produce viable plug-in electric vehicles. Currently, the only near-term options for available PEV supply are sedans, minivans, vans and a few bucket trucks. The initiative will begin 1 Jan.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

These projects, selected through a highly competitive process by the Department of Energy (DOE), are intended to accelerate the development of US manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles. General Motors Corporation. Industry officials expect that this $2.4

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