Remove Auto Remove Automobile Remove Federal Program Remove Motoring
article thumbnail

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

Obama 231
article thumbnail

KORE will get conditional OK for $850M U.S. mortgage for EV battery plant

Baua Electric

This system now trade in $412 billion in low-interest loans to firms onshoring the build of fuel-efficient automobiles and their elements. This system helped identify electrical automakers Tesla and Fisker Automobile. Alternative traders integrated Nidec Motor Corp., Honeywell Ventures and Trog Hawley Capital.