General Motors Europe and Spain's Iberdrola which is a leading private electric utilities worldwide and the largest renewable energy operator in the world, have signed an agreement to jointly perform a feasibility study to examine the technical requirements of a recharging infrastructure for the integrated marketing and viability of plug-in electric cars like GM's forthcoming Volt. The main areas of the study will be carried out in Spain and the United Kingdom with the two firms analyzing the requirements for the location of plug sockets in private homes and offices, and public or private parking, and for the installation of electricity meters.
In a joint-statement, GM Europe and Iberdrola said that in case the outcome of the viability study is positive, "both companies anticipate to evaluate possible agreements with the different European, national, regional and local governments, to support the implementation of this initiative".
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