Wednesday, January 26, 2011

Obama rolls out EV strategy

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]


Auto Loans said...

That's a good news for the manufacturer of Electric Vehicles. Hope to see an advance development about this project.

dGarry39 said...

That somehow boost the confidence over EV's being the better vehicles of the future.