Here is the actual intro from the article:
The Department of Energy announced a $30 million effort Thursday with Ford, General Motors, and General Electric to bring to market by 2014 plug-in hybrid electric cars that drive 40 miles on a single charge.
Now, is it me or does $30m sound like a drop in the bucket?
Furthermore, Toyota is planning to release a plug in hybrid by 2010.
Is this a day late and a dollar short? 
Either way, this is great news for companies like Avalon Ventures – an AGORACOM client.
Regards,
George
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Last modified: July 13, 2026
