October 23, 2008

Of Plug-ins and Advanced Batteries

Most regular visitors to Open Road likely know that we’ve not only been studying the use of plug-in hybrid electric vehicles (PHEVs), but that we plan to begin offering them, on a limited basis, to fleet customers next year.

Let me be clear about this: We believe strongly in the viability of plug-in hybrids in some applications, and in their use of lithium-ion batteries. We believe so strongly, in fact, that we plan to begin production of PHEVs late next year.

.......We know there’s a lot of PHEV interest out there. We just want to be sure we get our PHEV right. We’re pretty sure the users of our vehicles wouldn’t want it any other way.

- Irv Miller, Group Vice President, Corporate Communications

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