EV-Everywhere? U.S. Energy Secretary Chu touts initiative for affordable electric vehicles in Dearborn
by Michael Wayland MLIVE June 21, 2012 DEARBORN, MI ‚Äî U.S. Secretary Steven Chuexpects American vehicle manufacturers like the Detroit Three to be testing “affordable” electrified vehicles by 2020. “The OEMs (original equipment manufacturers) really want to drive to get the affordable thing because that becomes mass-market,” he told reporters following a speech this morning in Dearborn. “If you are selling a car at $60,000, it’s a niche market… “Realistically, we think a plug-in hybrid at 340-50 miles, or a […]