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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

GE To Purchase 2,000 Ford C-MAX Energi Plug-in Hybrids; Companies Collaborate With Georgia Tech To Accelerate Alternative Fuel Vehicle Adoption And Research

Ecomagination is GE's commitment to providing innovative solutions that maximize resources, drive economic performance and help make the world work better.

Max efficiencyWith many Americans facing record gasoline prices, Ford is committed to deliver eight vehicles by year-end that deliver 40 mpg or more.

The all-new Ford C-MAX Energi is America's most fuel-efficient plug-in hybrid with an EPA- estimated 108 miles-per-gallon equivalent (MPGe) city rating and 100 MPGe combined rating. C-MAX Energi is expected to be America's most affordable plug-in hybrid with a starting price of $29,995, after federal tax credit and including destination and delivery costs.

The C-MAX Energi joins the C-MAX Hybrid as part of Ford's first hybrid-only dedicated line of vehicles. C-MAX Hybrid, available in dealerships this fall, is America's most fuel-efficient hybrid utility vehicle with EPA ratings of 47 mpg city, 47 mpg highway and 47 mpg combined.

The C-MAX hybrids are on sale now and part of Ford's strategy to deliver the power of choice for leading fuel economy across the lineup that includes six electrified vehicles.  The other EVs are:

  • Fusion Energi plug-in hybrid expected to achieve at least 100 MPGe to become the world's most fuel-efficient sedan
  • Fusion Hybrid at 47 mpg city, highway and combined is America's most fuel-efficient, non-rechargeable sedan
  • Focus Electric at 105 MPGe combined is America's most fuel-efficient five-seat car
  • Lincoln MKZ Hybrid coming later this year and expected to remain the most fuel-efficient luxury sedan in America

More information about C-MAX Hybrid and C-MAX Energi can be found here.

Fueling infrastructureFord will promote GE's WattStation charging station and CNG in a Box natural gas fueling station with its commercial customers. GE's WattStation is an easy-to-use electric vehicle charger that significantly decreases the time needed for vehicle charging. The WattStation uses smart grid technology and comes with an app that helps customers more easily locate vehicle electricity sources. GE's ecomagination qualified CNG in a Box is a fully integrated CNG fueling supply system offering cost-effective plug-and-play simplicity for fleet and retail fueling stations seeking to offer CNG fuel.

Ford also will supply new alternative fuel vehicles for use at GE's Vehicle Innovation Center at the headquarters of GE's fleet management business in Eden Prairie, Minn. The Vehicle Innovation Center gives GE's commercial customers the opportunity to learn about and test-drive alternative fuel cars and trucks from a variety of manufacturers in a single location with assistance from GE's fleet, transportation, energy and advanced technology experts. Ford already has placed its pure electric Focus at the center.

About Ford Motor Company  Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 172,000 employees and 65 plants worldwide, the company's automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit http://corporate.ford.com.

About GE GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

About Georgia Institute of Technology The Georgia Institute of Technology is one of the world's premier research universities. Ranked seventh among U.S. News & World Report's top public universities, the Institute enrolls 21,000 students within its six colleges. Georgia Tech is the nation's leading producer of engineers as well as a leading producer of female and minority engineering Ph.D. graduates. Holding more than 780 patents and receiving approximately $570 million in sponsored awards, Georgia Tech ranks among the nation's top ten universities (without a medical school) in research expenditures. Visit www.gatech.edu  for more information.

SOURCE Ford Motor Company

Stock quotes in this article: F, GE 
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

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