California to Receive Car Charging Network as Settlement
Plug-in hybrid and electric vehicle owners in the state of California will soon have a much easier time charging up. As part of a settlement for overcharging customers, energy company NRG has agreed to pay $120 million dollars to settle old claims. $100 million will go directly to creating 200 public fast-charging stations across California, plus an additional 10,000 plug-in stations in the San Francisco Bay Area, the San Joaquin Valley, Los Angeles County, and San Diego County, said California Governor Jerry Brown. The Governor has set goals of having 1.5 million emission-free vehicles on California's roads by 2025, and virtually all California Vehicles to have no tailpipe emissions by 2050. By greatly increasing places where motorists can charge their vehicles, the latest settlement is viewed as a big step in the right direction. Owners of cars such as the Toyota Prius Plug-in, Nissan Leaf, Chevy Volt, and Mitsubishi i Miev will have less range anxiety once the new stations are in place. In 2000 and 2001, a slew of energy companies including Enron, Duke Energy, Williams Companies, and Mirant Energy were responsible for artificially raising prices by withholding energy, and overcharging the state. Many have since settled, and this latest settlement by NRG will help turn the tide on a bleak period in California's recent past. "In one stroke, it closes out an unfortunate chapter in our history and propels us down the road to a clean transportation future," said Mike Florio, a commissioner with the California Public Utilities Commission.Source: Associated Press
With the latest Ford Explorer already on the market and selling fairly well, what could Ford possibly tease...