E2T Video: Google to Invest in Green Cars This Summer

Google has gone to Washington this week and teamed up with the Brookings Institute to host a conference called “Plug-in Electric Vehicles 2008: What Role for Washington?” At the show we grabbed some camera time with Google.org’s director for climate change and energy initiatives, Dan Reicher, and chatted about the philanthropic arm’s investment strategies in cleantech and in-house research and development that will fight global warming.

Reicher says Google will be announcing investments in green cars this summer through it’s plug-in hybrid program, RechargeIT. This will add to Google.org’s cleantech portfolio which already includes eSolar and Makani, which Google.org invested in through it’s RE Less Than C program.

This is also a big step beyond the four plug-in hybrids that currently constitute the entire RechargeIT program. It’s clear from this conference that Google thinks plug-ins are going to be big. During the conference’s opening remarks, Reicher rattled off the results of a recent poll Google conducted that shows that three out of four voters support an active government role in promoting plug-in electric cars and trucks.

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