GE To Buy 12,000 Chevy Volts From GM


Consider these facts.

1. The Obama Administration gave General Electric—Parent Company of NBC–
$24.9 million taxpayer dollars in ‘stimulus’ grants

2. G.E.’s Strategies Let It Avoid Taxes Altogether

3. Except for maybe Google, no company has been closer and more in synch
with the Obama administration than General Electric.

4. Obama chose Immelt (GE’s CEO) to head his panel on job creation.

5. GM got a $50 billion bailout from Obama and we are not likely to get the money back.

6. Obama Fired GM’s CEO

7. The $41,000 Chevrolet Volt gets a $7,500 federal tax credit

8. General Electric will profit greatly from Electric Vehicles.



Now from the big government Obama lovers over at CNN:

NEW YORK ( — GE said on Thursday that it will buy 25,000 electric vehicles for its fleet through 2015 in the “largest-ever” purchase of electric cars. 

(GE, Fortune 500) will begin with a purchase of 12,000 Chevy Volts from General Motors Co. The purchases will begin in 2011, said GE.

GE has a current fleet of 30,000 vehicles which are used by GE employees to conduct their business. The conglomerate said it “will add other [electric] vehicles as manufacturers bring them to market.”

GE says that because of its size and technology the company is uniquely positioned to bring the electric vehicles into the mainstream.

GE Chief Executive Jeff Immelt said the purchase will help to “move electric vehicles from anticipation to action.”…………..

GM Chief Executive Daniel Akerson described the deal with GE as “a marriage made in heaven” for both corporations.”……………

More like a match made at the White House. Wow. GE, GM, and BO are all so in synch.

GE said that 15,000 of the 25,000 electric vehicles that it plans to purchase will be used to replace half of its fleet. The other 10,000 electric vehicles will be used in its Fleet Services division. That division provides business-to-business fleet financing and management for customers. READ MORE

And I bet when GE makes its 12,000 purchases they will do it in a way so the “mainstream” sees the sales and are led to think the Volt is really popular. Boy, everyone will want one. But my question for Immelt is why do you care so much about pushing Volts and electric vehicles?

From GE’s website:

City leaders see the potential of the electric vehicle ecosystem. These new technologies have the ability to lower the net CO2 generated by automotive transportation and lower cities’ operating costs.

For city leaders, it is critical to understand how your city’s EV initiative supports its operating and environmental strategy; how your city’s demographics, geography, and budgetary constraints might affect your strategy; and how an execution plan can accelerate adoption of EVs in your city. As you consider buying EVs for your city’s fleet, or investing in infrastructure to promote electric driving, GE can help design solutions that make sense for your community.

We understand the electric grid—how it works and how it can be improved. Our products and services touch every point of the grid, from generation to transmission, distribution to charging. We can work with power suppliers to upgrade existing electricity generation capacity and install renewable electricity generation sources to help charge your EVs, in addition to helping deploy EV charging at your city’s municipal buildings and public facilities.


Equipment such as the GE WattStation electric vehicle charger is necessary for upgrading your city’s energy infrastructure.


GE wants to make electric vehicles mainstream because they are going to profit greatly off them.

Click on image to make bigger.


















Nissan Leaf far outsells the Chevrolet Volt.




Leave a Reply