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Chrysler submits $448m plan to build electric vehicles

Chrysler has submitted a series of plans to the U.S. Department of Energy intended to speed up the development of plug-in hybrids and fully electric cars and trucks under the DOE's Transportation Electrification Initiative and Electric Drive Vehicle Battery and Component Manufacturing Initiatives. Under the terms of these initiatives, Chrysler and the DOE would each pay half of a total investment of $448 million. If approved, Chrysler says it will build a new-vehicle electrification technology and manufacturing center at an unnamed ... Read more →

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