Chrysler LLC, the only U.S.-based automaker without a gasoline-electric hybrid vehicle on the market, said Thursday it's forming a unit to focus on electric-drive cars and trucks. The unit, called Envi, is to develop electric vehicles for the company's Chrysler, Jeep and Dodge brands. Envi is short for environmental, spokesman Nick Cappa said. "The creation of Envi allows us to focus on the development of a new generation of environmentally responsible" vehicles, Chief Executive Officer Robert Nardelli, right, said in a statement.

Freep.com