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EVs Not Required of Chrysler or GM as Part of Bailout, White House Says

by Edmunds.com Green Car Advisor on November 18, 2009

Concern among some taxpayer and environmental groups that Chrysler's recent decision to downplay development of fuel-efficient electric vehicles violated a pledge used to gain federal bailout funds are unfounded, an administration official says. ———- Chrysler, which based part of its federal bailout on promised development of electric vehicles such as this “EcoVoyager” concept, has pulled way back on electrification plans since emerging from bankruptcy. ——— “We obviously would be very happy if Chrysler and GM were making lots and lots of high mileage cars [but] it's not a prerequisite. It's not an obligation” of the bankruptcy bailout funding, auto industry restructuring task force chief Ron Bloom said

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