This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PG&E Joins VIA Motors In Unveiling First Extended-Range Electric Truck At Auto Show In Detroit





DETROIT, Jan. 10, 2012 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today joined VIA Motors in unveiling the first extended-range electric pickup truck for utilities featuring an innovative technology that, in addition to providing highly efficient mileage, has the potential to provide mobile, on-site power to help manage electrical outages.

(Photo:  http://photos.prnewswire.com/prnh/20120110/SF33490)

The Northern and Central California electric and gas utility partnered with VIA Motors in 2008 to develop the trucks, called eREVs or Extended-Range Electric Vehicles. PG&E already owns two of the trucks.

"This truck has the potential to significantly transform the way we manage electrical outages for our customers," said PG&E Corporation's Senior Vice President of Corporate Affairs Greg Pruett. He was joined at today's news conference at the North American International Auto Show in Detroit by VIA Motors Board of Directors Member Bob Lutz and VIA Motors CEO and Co-founder Kraig Higginson. "PG&E looks forward to continuing its work with VIA Motors as we build upon the greenest utility fleet in the country," Pruett added.

The eREV trucks run the first 40 miles solely on electricity before switching to gasoline. For electric utilities, the trucks potentially can provide on-site power to help shorten small outages, eliminate some planned outages for maintenance, and boost the electric grid when needed. The first-generation trucks have a 15 kilowatt capacity, equivalent to a generator for a small- or medium-sized house, and that amount could increase in future models.

PG&E is committed to reducing carbon dioxide emissions. Since 1995, PG&E's alternative-fuel fleet helped prevent more than 25,000 metric tons of carbon dioxide from entering the atmosphere. The utility has more than 1,200 alternative-fuel vehicles in its fleet, ranging from natural-gas, hybrid and electric passenger cars to large trucks that burn natural gas or have the ability to provide needed power from battery packs instead of idling engines. PG&E is testing and validating other promising transportation technologies, including liquid and compressed natural gas and diesel-electric hybrids.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,067.56 -30.89 -0.18%
S&P 500 2,002.28 -1.09 -0.05%
NASDAQ 4,598.1880 +17.9170 0.39%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs