Tuesday, July 10, 2007

Plug In Hybrids in 5 to 10 Years

CNN: Ford sees plug-in hybrids in 5-10 years

ROSEMEAD, California (Reuters) -- Ford Motor Company Chief Executive Alan Mulally says he expects the company to sell plug-in hybrids in five to 10 years.

"Within five to 10 years we will start to see this technology in our hands," Mulally said on the sidelines of a press event to announce an alliance between Ford and utility Southern California Edison to test 20 rechargeable electric vehicles.

When asked if that meant plug-in hybrids would be available on showroom floors, Mulally said, "Yes. Sure."