Electric vehicle grants are higher under Obama’s 2012 budget proposal

Article by Christian Andrei, on February 16, 2011

Under President Obama’s fiscal 2012 budget proposal, $200 million will go to federal grants for up to 30 communities that advance electric vehicle use through fleet purchases, infrastructure investment and streamlined regulations. These new grants are in line with the U.S. administration’s goal to have 1 million advanced-technology vehicles on U.S. roads by 2015.

The grants will be given to communities that make competitive bids. According further to this proposal, the budget for r&d in batteries and energy storage will get a significant boost. At a news conference, Energy Secretary Steven Chu said that this move will lessen its dependence on imported oil.

The proposal also raises spending for vehicle technologies by 88 percent to $588 million starting Oct. 1. The $267 million increase includes the $200 million for grants “to help communities across the country become early adopters of electric vehicles.

House Republicans have criticized the budget increase, which the administration intends to use for the promotion of electric vehicles. House Energy and Commerce Committee Chairman Fred Upton, R-Mich., said that he is “disappointed” with the efforts of the White House to “manipulate free enterprise -- whether on energy or health care or technology.”

He added that this budget supports policies that allow the federal government to determine the winners and losers, instead of allowing the people and competition to determine the most efficient, effective investment of resources. [via autonews - sub. required]

Topics: electric car

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The bidding war for one of the only 20 examples -- 21 actually, but the 00 version went to a museum -- of the classically beautiful Lamborghini Reventon built and...
by - January 18, 2017
Bentley once again confirmed its plans to push PHEV into their future lineups. As a matter of fact, the Bentayga SUV will be the first to have the plugin hybrid...
by - January 18, 2017
Each time that Mini launches a new generation of the Countryman crossover, a John Cooper Works performance version is always expected to follow. When Mini unveiled the next-gen 2017 Mini...
by - January 18, 2017
Ford Mustang customers won’t be able to specify the V6 powerplant for the latest iteration of the carmaker’s pony car. This comes as the new 2018 Ford Mustang is saying...
by - January 18, 2017
The man sitting at the top of the performance division of Mercedes-Benz – Tobias Moers – cryptically indicated that the Mercedes-AMG GT4 could be really coming. Moers, chief executive of...
by - January 18, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries