Fiat Terminates Chrysler's All-Electric Car Plans

Just over a year ago, the Chrysler Group's newly formed Envi division unveiled a series of production-based electric cars that it planned to put on sale. Fast forward a few months, Chrysler went in and out of bankruptcy, sealed a deal with the Fiat Group and then, in August 2009 under the leadership of its new CEO, Sergio Marchionne, secured a $73 million grant from the Obama administration for the manufacturing of 220 plug-in hybrid and electric pickup trucks and minivans in St. Louis and in Michigan. Well, guess what;