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GE to Buy 25,000 Electric Vehicles From GM, Others

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On November 11, 2010, Bloomberg reported that General Electric Co. plans to buy 25,000 electric vehicles (EVs). Nearly half of the clean energy automobiles will be from General Motors Co., by 2015. This would be the largest such order ever, to date. The buy would account for more than half of GE’s 30,000-car fleet and includes vehicles customers may lease from its GE Capital unit, GE