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09/11/2008 07:35 AM     print story email story  

Daimler, RWE Building Charging Stations in Berlin

SustainableBusiness.com News

German carmaker Daimler AG (NYSE: DAI) and utility RWE (RWE.DE) plan to open recharging stations for electric vehicles in Berlin at the end of 2009, company officials announced last week.

Opening of the stations will coincide with a limited production fun of Daimler's electric Smart minicars, which the company said will be equipped with lithium-ion batteries.

"This is a pilot market and more will follow. Then we will see how this does in practice," RWE Chief Executive Juergen Grossmann told reporters.

Daimler said it expects to begin large-scale production of the electric vehicle in 2012 at the latest.

Nissan (Nasdaq: NSANY) and its electric vehicle alliance partner Renault (RNL.F) are working to build networks of recharging stations in Israel, Denmark and Portugal. They are working with startup company Project Better Place in Israel and Denmark.

Nissan also formed a partnership to promote electric vehicles with the State of Tennessee and the Tenessee Valey Authority.

In July, Portland General Electic Co. (NYSE: POR) in Portland, Oregon, unveiled a new charging station designed for use by electric or hybrid-electric vehicles.



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