US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015
Green Car Congress
JANUARY 26, 2011
The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”. Supported by Recovery Act investments, battery costs are projected to drop by 50% by 2013 or 2015.
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