Sunday, January 11, 2009

Ford's Project M Electric Car

Ford and other carmakers are betting billions of dollars on this new direction.

The companies could get some help from President-elect Barack Obama. He has said he is committed to promoting cleaner cars, and may propose incentives to encourage consumers and businesses to buy them.

Ford plans to make only 10,000 of the electric vehicles a year at first — very few by Detroit standards — to test the market cautiously.

Ford will announce plans for its electric vehicle, including a goal to start selling them by 2011.

NY Times article

Reuters: GM Chevy Volt goes to production in 2010

Reuters: Toyota to Launch Pure Electric Car in US by 2012

Reuters: Honda to Launch Insight Hybrid in Japan this February