At EnerDel's Indiana battery plant today, VP Biden outlined the administration's EV strategy. The Obama administration is calling for raising the number of plug-ins that qualify for federal incentives from 200,000 to 500,000 cars per manufacturer. In addition, Obama is looking to convert the federal tax credit into a rebate available at the time of sale. More here.
[Source: Detroit News]
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That's a good news for the manufacturer of Electric Vehicles. Hope to see an advance development about this project.
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