Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge
Green Car Congress
JULY 21, 2016
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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