Stock Market Watch

General Electric to Buy 25K Electric Vehicle

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General Electric (NYSE:GE) has announced its plans for buying 25,000 electric cars for its employees around the world.

More than half of its entire vehicles will be replaced by electric cars. More than half of these electric cars will be General Motors yet to be released Chevrolet Volt.

General Motors (NYSE:GE) purchase of this huge number of electric cars will be the biggest purchase of electric vehicles by a corporate anywhere in the world. This is a part of the continuous effort by General Electric (NYSE:GE) to become a truly green company and have the least impact on the environment.



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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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