Google offers $10 million for best ideas

Google.org launched its RechargeIT Initiative to accelerate the adoption of plug-in hybrid electric vehicles and vehicle-to-grid technology through technical demonstrations, grant-making, advocacy and investments. As part of this initiative, we are issuing a $10 million request for investment proposals (RFP). We plan to invest amounts ranging from $500,000 to $2,000,000 in selected for-profit companies whose innovative approach, team and technologies will enable widespread commercialization of plug-in hybrid electric vehicles, electric vehicles and/or vehicle-to-grid solutions. This RFP is global in scope, and we encourage responses from companies anywhere in the world.

Google.org is seeking companies with technologies, products and services that will accelerate widespread commercialization in the following fields:

• Plug-in hybrid electric vehicles (PHEVs)
• Electric vehicles (EVs)
• Vehicle-to-grid solutions (V2G)

Proposals should be submitted to www.google.org/recharge/rfpform no later than October 22, 2007.