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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4

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Automakers Support Obama Administrations Development of National Program for Reducing Carbon Emissions and Fuel Consumption

Green Car Congress

The US auto industry, via the Alliance of Automobile Manufacturers, is lining up to support a new national, harmonized program to reduce carbon emissions and fuel consumption that President Obama will announce on Tuesday, 19 May. Autos represent 17% of all anthropogenic CO 2 in the US, according to EPA.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

General Motors. Battery costs exceeded $500/kWh when President Obama launched his EV Everywhere Grand Challenge goal of making EVs that are as affordable and convenient for the American family as gasoline-powered vehicles, and low-cost, high performance batteries are a key component of the strategy to attain the President’s goal.

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US GSA to Accelerate Purchase of About 17,600 New Fuel-Efficient Vehicles Including 2,500 Hybrids

Green Car Congress

President Barack Obama announced that the US General Services Administration (GSA) will spend $285 million provided by the American Recovery and Reinvestment Act (ARRA) to buy about 17,600 new, fuel-efficient vehicles produced by US auto companies by 1 June.

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GM to Boost Volt US Production Capacity by 50% to 45,000 Units in 2012

Green Car Congress

Due to what it termed “ strong public interest ” in the Chevrolet Volt, General Motors will increase US production capacity of the Volt by 50%, from 30,000 units to 45,000 units, in 2012. Earlier post.)

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GM to buy back 200M shares held by US Treasury for $5.5B

Green Car Congress

General Motors today will purchase 200 million shares of GM common stock held by the US Department of the Treasury for $5.5 Bush in 2008 and which was expanded by President Barack Obama in 2009. billion, or $27.50 Government ownership of GM stock was the result of the auto industry rescue that began under President George W.

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GM back on Wall Street

Green Car Congress

Shares in General Motors begin NYSE trading under the ticker symbol “GM” on Thursday, after the automaker raised an estimated $20.1 The successful sale offers a partial exit for the Obama administration after its unpopular $50-billion bailout.The government part of the share sale amounts to 23.9 percent, rising to a possible 27.5

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