http://www.renewableaccess.com/rea/news/story?id=49313Ford Motor Co. and Southern California Edison (SCE) are combining resources to explore ways to make plug-in hybrid vehicles (PHEV) more accessible to consumers, reduce petroleum-related emissions and improve the cost-effectiveness of the nation's electricity grid.
Plug-in hybrid electric vehicle technologies are not yet competitive due primarily to the high cost of advanced batteries. Ford and SCE will explore whether these batteries have other uses that could reduce their cost to consumers
Plug-in hybrid technology offers the opportunity to use as transportation fuel the nation's growing renewable generation portfolio as well as surplus off-peak power. This collaboration is designed to examine the future of PHEVs as part of a complete vehicle, home and grid energy system.
"The Ford Motor Company team is firmly focused on delivering products people really want," said Alan Mulally, president and chief executive officer of Ford. "This unique partnership with Southern California Edison will allow us to explore new solutions for our customers' growing need for energy conservation."
<not much more>