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GE Global Research Draws $6.8 Million for Plug-in Hybrid Projects

November 05, 2007

NISKAYUNA, N.Y. --- General Electric's centralized research group, GE Global Research, has attracted $6.8 million in funding for two projects aimed at bringing plug-in hybrid vehicles to market, according to a report in the Wall Street Journal.The projects include a $5.6 million contract to develop smaller, high-performance hybrid drivetrain motors, and a $1.2 million contract to develop high-temperature, high-energy density capacitors.The U.S. Energy Department's office of vehicle technologies will co-fund the projects, while the National Energy Technology Laboratory will manage them.
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