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Old 11-11-10, 11:49 AM   #12
SteamWake
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Quote:
Originally Posted by The Third Man View Post
This should help GM, but it may induce a bailout for GE.

GE said Thursday it will buy 25,000 electric vehicles by 2015 in hopes of sparking demand for the emerging market for which it makes charging stations and other infrastructure.

Those charging stations must be very pricey indeed if GE can buy the cars to boost sales of the charging station. Or is it more smoke and mirrors, for which the tax payer will be on the hook.

http://finance.yahoo.com/news/GE-to-...&asset=&ccode=
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