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Eye View Business, GE Buys 25,000 Chevy Volts, Tries To Put A Charge In GM Stock

GE said Thursday it will buy 25,000 electric vehicles for its fleet through 2015 in the largest-ever purchase of electric cars.

GE will begin with an initial purchase of 12,000 vehicles from General Motor Co., starting with Chevy Volt in 2011. The conglomerate said it “will add other vehicles as manufacturers expand their electric vehicle profiles.”

The first Chevrolet Volt is expected to roll off production lines later this month.

GE’s feeable  attempt to  put a charge in the  price of GM stock prior to Wall Streets initial public offering  of GM stock. Not much of a concept.

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