General Electric made a major commitment to electric vehicles this week when it announced it would buy 25,000 of them for its fleet by 2015.
The US industrial conglomerate said it would initially purchase 12,000 EVs from General Motors, beginning with the Chevrolet Volt in 2011. It will buy other vehicles from other manufacturers as they become available.
GE said it would convert at least half of its 30,000 global fleet to EVs and will partner with fleet customers to get to a total of 25,000.
GE not only runs a big fleet of its own. It also owns a global fleet management business, Capital Fleet Services. Moreover, across its various business areas, it offers a range of product solutions that can help grow the EV market. These products include charging stations, circuit protection equipment and transformers.
Jeff Immelt, GE CEO,said in a statement: "By electrifying our own fleet, we will accelerate the adoption curve, drive scale, and move electric vehicles from anticipation to action."