Monday, November 24, 2008

Foreign Companies Charge Ahead with EVs

The Cutting Edge News: "While U.S. manufactures may actually be putting the brakes on developing electric vehicles, overseas-based manufacturers are surging ahead.
Even though Chrysler, Ford, and General Motors have gone hat in hand to Congress for their unwanted internal combustion machine, the momentum towards electric transportation among foreign companies is fully charged. The unveiling of the MINI E produced by BMV made some waves at the L.A. Auto Show but a November 20 press conference with Mayor Gavin Newsome of San Francisco, Mayor Chuck Reed of San Jose, and Mayor Ron Dellums of Oakland promises more far-ranging impact. The mayoral threesome announced public-private investment coupled by a multi-step plan to transform the San Francisco Bay Area into the “Electric Vehicle Capital of the U.S.” The region will host the nation's first EV network."

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