- GM A Step Closer To Exiting Bankruptcy
- Are Gas Prices Still Scaring Car Buyers?
- Ford Passes Toyota For #2 In The U.S.
- Studs, Duds, And The Musical Chairs In Autoland
- Going Fast. Deals And Models Harder To Find
- GM Enters Stretch Run To Exit Bankruptcy
- Marchionne's Silence Speaks Volumes
- Texting And Driving Worse Than Drinking and Driving
- Ford's Favored Status
- The Electric Car Race Heats Up
|
CNBC'S MOST SHARED
- A Goldman Trading Scandal?
- Rich People With A Death Wish
- Facebook Director Sees 'Billions' in Revenue in 5 Years
- The Threat of Ballooning Pensions
- Lehman CEO: Firm Deserved Bailout or 'Wind Down'
- Downturn Boosts Aruba's Business
- Latvian Banker Taking Souls as Collateral
- FedEx Sees Signs of a Turnaround: Report
- Market's Monday Blues
- Hey, What's Up Doc?
- March Lows Will Hold — So Buy Equities: Strategists
- Lacoste Runs Full Page Ad With Roddick Loss
- Brandt: Bing, The Little Search Engine That Couldn't
- 5-Star Manager's 5 Top Stocks
- Hey, What's Up Doc?
- Busch: Summertime Blues Hits Investors
- Chadwick: Recession and Scandals Pave the Way for Romney 2012
- Art Cashin: The S&P's 'Head and Shoulders' Number
- Michael Jackson: Death And Taxes
- Second Half: Wait For Pullbacks, Then Buy the Best
- Discover Shares Fall on Word of Stock Offering
- California General Obligation Bond Rating Cut
- GM to Get Final $20 Billlion From US This Year
- Goldman Sees No Harm From Computer Programmer
- World Trade Center Developer Threatens Arbitration
- The Weirdest Currencies on Earth
- Judge Gives Control of Jackson Estate to Executors
- Recession Special: Wine Cheaper Than Water!
RSS FEED

Ladies and gentleman, there's a new team entering the great race in the auto industry to build the first mass market electric vehicle.
It's Chrysler.
Yes, Chrysler. After a year of being the subject of suggestions that the company has a weak product pipeline and lacks a growth plan, the country's #5 automaker is making a big splash showing some electric models it plans to roll out in 2010.
Yesterday, at Chrysler's headquarters in Auburn Hills, Michigan I had a chance to drive the Dodge sports car that is all-electric and frankly, a hell of a ride.
The prototype, called the Dodge EV, is powered by a lithium ion battery pack, re-charges through a home outlet, and can go 0-60 in under 5 seconds. Pushing the Dodge EV around Chrysler's test track, two things stood out: 1) It's a great ride for a prototype 2) Chrysler is determined to tell naysayers the company DOES have a plan for the future. (See the test drives in the video)
![]() |
Chrysler CEO Bob Nardelli has heard the suggestion he's caretaker for an automaker being prepped for a sale. Yesterday as we drove around in a Jeep Wrangler extended range electric car (first 40 miles all-electric, then an internal combustion engine kicks in to power the electric motor and extend the range to 400 miles), Nardelli dismissed talk of Chrysler sliding into irrelevance. He admits sales have slumped because of a tough market overall, but he points to 28 new models coming out the next 5 years as proof his company is not sitting still.
![]() |
Jeep Wrangler EV |
But it's the electric cars that will get the most attention in the next couple of years. The Dodge EV I drove is a nice start. Yes, it's a prototype and there is still work to be done before it is close to hitting showrooms, but for a first drive I was very impressed. The acceleration, handling and feel of the car convinced me Chrysler has done it's homework.
![]() |
Chrysler minivan EV |
We're a ways from seeing who wins the great electric car race among the large global automakers, but make no mistake, Chrysler is in the game.
_____________________________________
Click on Ticker to Track Corporate News:
- Ford Motor [F
Loading...
()
]
- General Motors [GM
Loading...
()
]
- Nissan [NSANY
Loading...
()
]
- Honda Motor [HMC
Loading...
()
]
_____________________________________
![]() |
Dodge EV |
Questions? Comments?











