By on January 18, 2008

edgehybrid1.jpgBuried in a report on the plug-in hybrid electric hybrid (PHEV) spinstorm about to descend on the Washington, D.C. auto show, USA Today reports that the U.S. Energy Department will fork-out up to $30m for PHEV projects. Apparently, the money is headed for boffins bent on building cars that "deliver up to 40 miles of electric range without recharging." Companies dedicated to created plug-ins that are "cost-competitive by 2014 and ready for commercialization by 2016." So who gets the dough? GM, Toyota, small start-ups? USA Today ain't sayin'. But they do have a killer quote from Ford's chief engineer for plug-in and fuel-cell vehicles. "If we can't decide within five years whether we can do this, something is wrong," Greg Frenette pronounced. Question: when did/does that five-year time frame start?

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