Much more at the link.Chrysler aims to have electric cars in three to five years
Mon Jul 14, 2008 9:27pm BST
By Poornima Gupta
DETROIT (Reuters) - Chrysler LLC is planning to launch all-electric vehicles in the next three to five years, the latest automaker to join the race to produce cars with fuel-saving technologies.
Chrysler's new Envi unit, which was created last September, is developing vehicles that are intended to run on battery power alone for about 40 miles, Chrysler spokesman Nick Cappa said on Monday.
"The group is looking to have a product available in the marketplace in the next three to five years," Cappa said.
Chrysler, which has lagged rivals in its hybrid strategy, is working on a new generation of hybrid vehicles with lithium-ion batteries that are lighter and store more energy than the nickel-metal hydride batteries now in wide use.
Chrysler has not yet announced any partnership for the project or for the development of the batteries.