GE invests in electric vehicles, battery techology

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Uploaded by on Mar 5, 2008

Kevin Walsh, Managing Director and leader of renewable energy investing at GE Energy Financial Services announces GE's $24MM stake in lithium-ion battery manufacturer A123Systems and electric car manufacturer Think, which unveiled a five-seat crossover concept car in Geneva.

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  • I love you Uncle Kevin!!! You're so pro!

  • Hope the bus is a hydraulic hybrid.

  • Hey! Good morning Kevin!

  • Capitalism rocks!

  • Capitalism rocks!

  • EVs really are gaining momentum, when one of the worlds largest (no automotive) companies starts investing large amounts of it's capital in small technology companies within a new market, things are really getting interesting. Replacing the worlds fleet of ICE cars could make the PC revolution look like small change.

  • About time too, pity other electric companies haven't pursued this line of investment!

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