What last week was a drag race between Tesla Motors and Lightening Car Company, is now turing into an all out speedway rally with Google getting into the show. We've been covering Google's susty movements for a while with Eric putting their efforts under the green microscope and Jason telling us about Google.org's efforts to cross-polinate ethanol with electric. Today the internet giant announced it is getting in on the development of electric vehicles. RechargeIT is Google's initiative that aims to reduce CO2 emissions, cut oil use and stabilize the electrical grid by accelerating the adoption of plug-in hybrid electric vehicles and vehicle-to-grid technology. To further the development of plug-in hybrid electric vehicles - cars or trucks that have both a gasoline engine and advanced batteries that recharge by plugging into the nation's electric grid -- Google is awarding $1 million in grants and inviting applicants to bid for another $10 million in funding to develop plug-in hybrid electric vehicles capable of getting 70 to 100 miles per gallon. The project also aims to develop vehicle-to-grid (V2G) technology, allowing cars to sell their stored power back to the nation's electricity grid during times of peak demand. Video of the Google initiative and more after the jump.
Not withstanding the hairpin curves involved in the business of getting EVs to market and into the hands of consumers, CPR on the electric car need not become a chickie run -- we're all just looking to cross the finish line.