GE to Purchase 2,000 Ford C-MAX Energi Plug-in Hybrids; Companies Collaborate with Georgia Tech to Accelerate Alternative Fuel

GE to Purchase 2,000 Ford C-MAX Energi Plug-in Hybrids; Companies Collaborate
with Georgia Tech to Accelerate Alternative Fuel Vehicle Adoption and Research

PR Newswire

DEARBORN, Mich., Nov. 20, 2012

DEARBORN, Mich., Nov. 20, 2012 /PRNewswire/ --

  oGE will purchase 2,000 C-MAX Energi plug-in hybrids – Ford's largest-ever
    plug-in electrified vehicle fleet sale – as part of GE's commitment to
    convert half of its global fleet to alternative fuel vehicles
  oC-MAX Energi is America's most fuel-efficient plug-in hybrid with a 108
    MPGe city EPA rating and a 620-mile single-tank range that will benefit
    GE's sales and service professionals – many who drive more mileage daily
    than average commuters
  oFord will promote GE's WattStation^™ charging station and CNG in a Box^™
    natural gas fueling station with its commercial buyers. Ford will also
    supply new alternative fuel vehicles for use at GE's Vehicle Innovation
    Center
  oGeorgia Institute of Technology researchers to study GE employee driving
    and charging habits through innovative MyFord^® Mobile app to help
    optimize all-electric driving

Ford Motor Company (NYSE: F)today announces a collaboration with GE (NYSE:
GE), in which the company will purchase 2,000 Ford C-MAX Energi plug-in
hybrids for its fleet – Ford's largest-ever plug-in electrified vehicle fleet
sale. Ford will also jointly market GE's alternative fuel infrastructure
solutions.

For GE, the purchase of 2,000 Ford C-MAX Energi vehicles is another step in
the company's initiative to convert half of its global fleet to alternative
fuel vehicles as part of its commitment to ecomagination. The addition of the
Ford vehicles brings the number of alternative fuel vehicles in GE's fleet to
more than 5,000 in its goal of 25,000 vehicles.

"Ford is launching six new electrified vehicles – a big bet that fuel prices
will continue rising and lead to more demand for advanced fuel-efficient
vehicles," says Ken Czubay, Ford vice president, U.S. Marketing, Sales and
Service. "We are pleased to partner with GE, a company that is charting a
similar course, to promote advanced technology and energy savings."

Mark Vachon, vice president of ecomagination at GE, says, "At GE, we are
focused on providing our customers and our fleet with more economically and
environmentally efficient vehicles. The Ford C-MAX Energi plug-in hybrid is a
great addition to our expanding fleet of alternative fuel vehicles."

The two companies will also work with researchers from Georgia Institute of
Technology to study GE employee driving and charging habits, with the goal of
improving all-electric driving and charging performance. Researchers will use
Ford's MyFord^® Mobile app – with real-time battery charge status and value
charging that automatically recharges at lower-cost, off-peak electricity
rates.

"Understanding driving and charging habits is key to advancing vehicle and
charging infrastructure," says Professor Bert Bras of the Sustainable Design &
Manufacturing laboratory at Georgia Tech. "Through access to vehicle data, we
can accelerate research and development of new technologies to further improve
efficiency, driver satisfaction and environmental benefits."

Study findings will be shared with commercial customers to provide insights
and help facilitate deployment of electric vehicles in their own fleets amid a
growing electric vehicle infrastructure that now includes more than 10,000
public charging stations across the country.

Ecomagination is GE's commitment to providing innovative solutions that
maximize resources, drive economic performance and help make the world work
better.

Max efficiency
With many Americans facing record gasoline prices, Ford is committed to
deliver eight vehicles by year-end that deliver 40 mpg or more.

The all-new Ford C-MAX Energi is America's most fuel-efficient plug-in hybrid
with an EPA- estimated 108 miles-per-gallon equivalent (MPGe) city rating and
100 MPGe combined rating. C-MAX Energi is expected to be America's most
affordable plug-in hybrid with a starting price of $29,995, after federal tax
credit and including destination and delivery costs.

The C-MAX Energi joins the C-MAX Hybrid as part of Ford's first hybrid-only
dedicated line of vehicles. C-MAX Hybrid, available in dealerships this fall,
is America's most fuel-efficient hybrid utility vehicle with EPA ratings of 47
mpg city, 47 mpg highway and 47 mpg combined.

The C-MAX hybrids are on sale now and part of Ford's strategy to deliver the
power of choice for leading fuel economy across the lineup that includes six
electrified vehicles. The other EVs are:

  oFusion Energi plug-in hybrid expected to achieve at least 100 MPGe to
    become the world's most fuel-efficient sedan
  oFusion Hybrid at 47 mpg city, highway and combined is America's most
    fuel-efficient, non-rechargeable sedan
  oFocus Electric at 105 MPGe combined is America's most fuel-efficient
    five-seat car
  oLincoln MKZ Hybrid coming later this year and expected to remain the most
    fuel-efficient luxury sedan in America

More information about C-MAX Hybrid and C-MAX Energi can be found here.

Fueling infrastructure
Ford will promote GE's WattStation^™ charging station and CNG in a Box^™
natural gas fueling station with its commercial customers. GE's WattStation is
an easy-to-use electric vehicle charger that significantly decreases the time
needed for vehicle charging. The WattStation uses smart grid technology and
comes with an app that helps customers more easily locate vehicle electricity
sources. GE's ecomagination qualified CNG in a Box is a fully integrated CNG
fueling supply system offering cost-effective plug-and-play simplicity for
fleet and retail fueling stations seeking to offer CNG fuel.

Ford also will supply new alternative fuel vehicles for use at GE's Vehicle
Innovation Center at the headquarters of GE's fleet management business in
Eden Prairie, Minn. The Vehicle Innovation Center gives GE's commercial
customers the opportunity to learn about and test-drive alternative fuel cars
and trucks from a variety of manufacturers in a single location with
assistance from GE's fleet, transportation, energy and advanced technology
experts. Ford already has placed its pure electric Focus at the center.

About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures or distributes automobiles across six continents. With
about 172,000 employees and 65 plants worldwide, the company's automotive
brands include Ford and Lincoln. The company provides financial services
through Ford Motor Credit Company. For more information regarding Ford and its
products worldwide, please visit http://corporate.ford.com.

About GE
GE (NYSE: GE) works on things that matter. The best people and the best
technologies taking on the toughest challenges. Finding solutions in energy,
health and home, transportation and finance. Building, powering, moving and
curing the world. Not just imagining. Doing. GE works. For more information,
visit the company's website at www.ge.com.

About Georgia Institute of Technology
The Georgia Institute of Technology is one of the world's premier research
universities. Ranked seventh among U.S. News & World Report's top public
universities, the Institute enrolls 21,000 students within its six colleges.
Georgia Tech is the nation's leading producer of engineers as well as a
leading producer of female and minority engineering Ph.D. graduates. Holding
more than 780 patents and receiving approximately $570 million in sponsored
awards, Georgia Tech ranks among the nation's top ten universities (without a
medical school) in research expenditures. Visit www.gatech.edufor more
information.

SOURCE Ford Motor Company

Website: http://www.ford.com
Contact: Wes Sherwood, Ford, +1-313-390-5660, wsherwoo@ford.com; Lindsay
Lorraine, GE, +1-646-682-5601, lindsay.lorraine@ge.com; Liz Klipp, Georgia
Tech, +1-404-894-6016, liz.klipp@comm.gatech.edu; Amanda Zusman, Ford,
+1-313-322-3132, azusman@ford.com; Greg McCullough, GE, +1-952-828-2858,
greg.mccullough@ge.com
 
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