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Chrysler dismantles electric car plans under Fiat      7-Nov-09 11:38 pm    
"Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid.

"Until the (battery) storage gets resolved, I think electric vehicles are going to struggle," he said.

The Obama administration, which has set a target of putting 1 million rechargeable cars on the road by 2015, gave Fiat a 20 percent stake in Chrysler in exchange for bringing vehicles and more fuel-efficient engines to Chrysler."

http://www.reuters.com/article/wtUSInves...
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FortuneKing


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Chrysler dismantles electric car plans under Fiat
FortuneKing Not rated 7-Nov-09 11:38 pm  
 
Another management disappointment. "Chrysler ci...
FortuneKing Rate it 9-Nov-09 01:33 pm  
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