DAIMLERCHRYSLER AG announces a broad initiative to invest $1 billion in low-emissions vehicles. The effort is billed as an attempt to lead in the general move towards more environmentally friendly transportation — and perhaps as a hedge against California's still-pending mandate that all major automakers must in 2003 make at least 10% of their sales in that state zero-emissions vehicles (ZEVs). DC says it will have fuel cell-powered transit buses on the road in 2002 and passenger vehicles ...
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