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are rushing out cars that can be recharged at electrical outletsas the U.S. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Naturally, we’regoing to have to accommodate that too.” General Motors Corp., Toyota Motor Corp. and Nissan MotorCo.,
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A key thing, he said, will be to recharge the batteries at an acceptable time for the electricity grid — to “make sure people aren’t charging at the very peak, peak time,” like late afternoon when the electricity grid is already weighted down by demands like air conditioning. In fact, almost none at all. Staff Tom Zeller Jr.
GE: The global stimulus bellwether FORTUNE 500 Current Issue Subscribe to Fortune (Fortune Magazine) -- Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact.
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