General Electric plans to buy 25,000 electric vehicles from makers including General Motors over the next five years, in a move it said could spark demand for the charging equipment it sells.

The largest U.S. conglomerate aims to swap out half its fleet of 30,000 cars with electric vehicles and to start shifting customers who lease fleets of vehicles over as well. GE said Thursday that it hopes the move will speed acceptance of electric cars by getting more of them on-road more quickly and prompting investment.

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