$10Bil EV Buy Planned By Band Of Cities

30 cities join to explore $10 billion electric-car purchase

Stephen Edelstein, March 17, 2017 (Green Car Reports)

“…A group of 30 U.S. cities is discussing a major purchase of electric cars for their municipal fleets…The cities have jointly asked automakers for cost and feasibility estimates of providing 114,000 cars, to be split among them…Those vehicles would augment and in many cases replace thousands of existing cars and light trucks that rack up considerable mileage every year in city-fleet service…The deal could be worth $10 billion, and would be equivalent in volume to 72 percent of U.S. plug-in electric-car sales last year…The joint-purchase effort is led by Los Angeles, and includes other major cities like New York and Chicago…The majority of vehicles will likely be light-duty cars and trucks, but some cities are reportedly inquiring about vehicle types that may not be current available with electric powertrains, such as fire engines…The mayors hope to spur manufacturers by showing that demand for electric vehicles is robust…Such a large order—and the fact that it will likely be spread out over several years—could indeed be an enticing prospect for automakers…” click here for more

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