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GE Raises Eyebrows With Change in EV Plans

By January 13, 2013

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With about 30,000 vehicles in its fleet and a heavy interest in charging technologies, it seemed only natural when General Electric announced its intentions, just two short years ago, to replace about 25,000 fleet vehicles with EVs by 2015.

But now it looks like GE's original plans may take a somewhat different route. The company has announced that rather than strictly limiting itself to EVs, it has now included natural gas-powered pickup trucks and propane-fueled vehicles among the 11,000 it has already acquired from major automakers. However, the majority of these vehicles are indeed plug-in hybrids and electric cars, according to GE.

Why the change of heart? Critics are saying it's due to the higher sticker prices of EVs and hybrids as well as lingering concern over range and technologies. But the official word out of GE is that customers of GE's corporate fleet-services unit simply wanted more options.

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