Chrysler Asks Government for Funds to Build Dodge Ram 1500 Plug-In Hybrid
Chrysler LLC has submitted three proposals to the U.S. Department of Energy, hoping to raise a total of $448 million to finance the development of electric vehicles. One of the proposed vehicles would be a plug-in hybrid version of the Dodge Ram 1500 half-ton pickup.
According to Chrysler's press release, the company has applied to be "part of two initiatives established by the DOE — the Electric Drive Vehicle Battery and Component Manufacturing Initiative, and the Transportation Electrification Initiative. Both are designed to speed up development, demonstration, evaluation and manufacturing of EVs and PHEVs. The programs represent a 50/50 cost-share opportunity with $224 million from Chrysler LLC and its partners, combined with a matching $224 million from the DOE. These funds will accelerate the market introduction and penetration of advanced powertrains."
Part of the funding from the Transportation Electrification Initiative would be used to build and demonstrate 100 Dodge Ram 1500 plug-in serial hybrid pickup trucks that would be tested in a year-long program throughout the United States.
Chrysler is expected to launch a two-mode gas-electric hybrid version of the Dodge Ram 1500 by 2010, co-developed with General Motors, Daimler and BMW.

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