GE and Juice Technologies developing electric vehicle charging devices

Columbus, Ohio, February 17, 2010 — GE and Juice Technologies announced a joint development agreement to create intelligent plug-in electric vehicle charging devices for U.S. and global markets.

The chargers integrate GE’s smart meters with Juice Technology’s Plug Smart engine to help consumers charge their cars during low-demand, lower cost time periods.

Smart chargers will hasten acceptance of plug-in cars by making them more attractive to both consumers and utilities. Consumers will benefit by receiving the lowest-possible charging rates for their cars.

Utilities will be able to better control the demand for electricity and take on the added load of electric vehicles without over taxing their grids. Utilities will also realize greater value from their capital equipment during overnight and other low-demand times, when it is substantially less utilized.

Electric vehicles will begin shipping in volume across the U.S. in 2010. Charging stations will be needed to meet the growing consumer demand.

“Plug-in electric vehicles will become the new transportation reality,” said Bob Gilligan, vice president — transmission and distribution for GE Energy Services. “These chargers will help consumers use electric cars as cost-effectively as possible, speeding their adoption — lowering our carbon footprint and dependence on foreign oil. Smart chargers will make it easier and more cost effective to power clean, efficient cars with electricity made from clean, domestic sources.”

GE will offer a comprehensive line of charging products that combine GE’s smart meter technology and communication capabilities with Juice Technologies’ patent-pending intelligent charging technology. A multi-generational PEV product architecture will meet or exceed requirements set forth by utilities nationwide.

Initial chargers will be available in the U.S. in the second quarter of 2010, with full-scale production ramping up throughout the year. Global availability will follow.

 

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