DaimlerChrysler Corp expands its zero emission vehicles (ZEVs) fleet by purchasing Global Electric Motorcars (GEM) LLC. Terms of the agreement were not disclosed, but GEM is the largest producer of electric vehicles that can be licensed for public roads in the U.S. With the purchase, DC becomes the first major automaker to sell neighborhood electric vehicles (NEVs) in the U.S. NEVs have a maximum speed of 25 mph and are certified for operation on roads posted at 35 mph (56 km/h) or less. ...
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