$1 Billion Green Car Network Vowed

msnbc.msn.com — A $1 billion network of electric car recharging stations will dot San Francisco Bay area highways under a plan that aims to greatly expand the number of electric vehicles on the road. Palo Alto-based Better Place along with San Francisco Mayor Gavin Newsom, Oakland Mayor Ron Dellums and San Jose Mayor Chuck Reed announced the deal, which sets out to install charging stations in homes, businesses, parking lots and government buildings by 2012. The initiative would make the Bay Area the first region in the U.S. to create an electric car network. Gov. Arnold Schwarzenegger supported the deal, which the company hopes to someday take statewide.

Read Full Article »