Wanted: 20,000 All-Electric Vehicles. Call Jeff @ GE.

GE's Jeff Immelt: "Clean Energy is a way to create jobs."

When a company decides to upgrade and replace its vehicle fleet, that’s often a boon for a local dealer.

When that company happens to be GE, and they want all-electric vehicles, it is a momentous occasion for an entire industry.

GE’s CEO, Jeffrey Immelt announced last Thursday that he was in the market for “tens of thousands” of electric-powered vehicles (EVs) a move that will delight EV manufacturers ( Nissan, GM, Ford, among others), please climate hawks, and have shareholders smiling. GE is investing in clean energy to the tune of $10 billion over five years, a significant portion of which is going to the development of electric car charging units.

Below is a clip of Immelt’s “London Lecture,” sponsored by the Cambridge Programme for Sustainable Leadership, during which he announced the plan to buy the EVs.

Jeff Immelt, G.E. (Clean Energy) from CPSL Video on Vimeo.

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