March 6, 2008
GE Supports Electric Vehicle-Maker TH!iNK and Battery Manufacturer A123Systems
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GE has already delivered $20 million for the project with TH!NK to have the electric vehicle available. GE will offer another $4 million. Actually it is already in production already at Norway.
"Our work with A123 and Think taps GE's unique combination of venture capital, engineering, process and commercial expertise to help burgeoning, next generation technology companies bring their innovative products to market," said Kevin Walsh, Managing Director and leader of renewable energy investing at GE Energy Financial Services.
GE
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