PGE to participate in largest electric vehicle project in U.S. history
10 Aug 2009
by: PGE
PGE joins eTec, state of Oregon and Nissan in five-market rollout of electric vehicles
PORTLAND, Ore. — Portland General Electric (NYSE:POR) welcomed news today that PGE was named a strategic participant and the state of Oregon was named one of five test markets for the largest rollout of electric vehicles and an associated charging station network in United States history.
PGE was selected by Electric Transportation Engineering Corporation (eTec), a subsidiary of ECOtality, Inc. (OTCBB: ETLY), and a leader in the research, development and testing of advanced transportation and energy systems. eTec announced today the receipt of $99.8 million in federal funds to test and analyze electric vehicle usage and charging infrastructure.
The goal of the project is to encourage the expansion of an electric vehicle infrastructure that will eventually be available for widespread use of EV owners throughout the nation. eTec is partnering with Nissan North America on the project to deploy up to 5,000 electric vehicles and 12,750 charging stations in five U.S. markets.
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