Auto Manifesto

May 29, 2009

Chrysler Seeks $448m In Hybrid/EV Funding

Specifically, its seeking to build a test fleet and establish annual production capacity of 20,000 electric vehicles. The proposed test fleet includes 100 hybrid pick ups, 100 hybrid mini vans, and 165 electric cargo mini vans for the US Postal Service.

The money would in be matching funds, meaning Chrysler puts up half the amount and the Government funds the other half. More info here.

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