Chrysler Bails on Electric Cars

Despite taking billions in stimulus funds with the promise of forging ahead on electric vehicles, Chrysler has dissolved the engineering team working on their three proposed electric offerings.

USA Today reports that the abrupt change of direction came directly from Fiat, which bought Chrysler earlier this year.

"At a marathon presentation of Chrysler's five-year strategy, CEO Sergio Marchionne talked about just about everything on Chrysler's plate last week except its earlier electric-car plans. With the group's disbanding, Chrysler's electric plans will be melded into Fiats. Marchionne is apparently no fan of electric power"

Full Story: Chrysler drops three electric vehicles despite having touted them to get billions in government bailout cash

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95
Book cover of Unsprawl

Unsprawl: Remixing Spaces as Places

Explore visionary, controversial and ultimately successful strategies for building people-centered places.
Starting at $12.95
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $16.95 a month