Major European and American automakers to produce PHEVs

Check out A123's statement to congress:

http://www.evworld.com/news.cfm?newsid=15048&url=

Some (quite revealing I think) highlights:

"We have been chosen by GM, and other major American and European automakers, to help develop and power their hybrid and plug-in hybrid sedans, SUVs, trucks, buses and heavy equipment moving vehicles which will be coming on line over the next 3 to 5 years."

"A123Systems has strategized on how to best to move along the continuum from producing millions of high performance A123Systems lithium ion batteries for handheld applications to adding the bandwidth required in 3 to 5 years to supply the major manufacturers with batteries for their fully designed and tested original equipment plug-in hybrid vehicles."

"tens of millions of original equipment plug-in hybrids will need to be rolling off the major manufacturers production lines through the next decade. "

That's fairly positive stuff! B)