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Is Obama's Goal of 1 Million Plug-In Cars By 2015 Feasible?

Green Car Reports

Since 2008, Barack Obama has consistently promoted the goal of having 1 million advanced technology vehicles on U.S. The number refers to plug-in vehicles that use grid power, stored in lithium-ion battery packs, to operate their electric traction motors. roads by 2015. Regular hybrids like the Toyota Prius don't do that.

U.S. Battery Makers Power Up

Revenge of the Electric Car

coalition of 14 companies this week announced the creation of a new business alliance aimed at promoting domestic production of lithium ion batteries. LA Times, December 20, 2008. Fourteen companies join to promote domestic production of lithium ion batteries for autos. December 20, 2008 U.S.

Chrysler unveils new electric minivan for the US Postal Service

Tony Karrer Delicious EVdriven

However, the electric drive portion of the vehicles, including the motor, electronics and A123 System lithium ion battery pack is identical.

Tesla Prepping IPO

Revenge of the Electric Car

The company’s chairman Elon Musk said early last year that an IPO was a possibility in either late 2008 or 2009.&#. The company’s chairman Elon Musk said early last year that an IPO was a possibility in either late 2008 or 2009. in the latter half of 2008 virtually shut down the IPO market. by Reuters. Tesla Model S.

First Three Conditional Loan Commitments Under DOEs ATVM Program go to Ford Motor Company, Nissan Motors and Tesla Motors

Green Car Congress

The Obama Administration is awarding $8 billion in three conditional loan commitments for the development of innovative, advanced vehicle technologies: $5.9 billion for Ford Motor Company; $1.6 billion to Nissan North America, Inc.; and $465 million to Tesla Motors. Ford Motor Company will receive $5.9 Nissan will receive $1.6