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Obama gives $2.4bn Jump Start To Battery Makers

Revenge of the Electric Car

Obama At A Town Hall Meeting in Los Angeles, California - March 19, 2009. Photos: Luis Sinco / Los Angeles Times. It’s all part of the Obama administration’s plan get to 1 million plug in hybrids on the road by 2015. Here’s a quote from the LA Times article By Maeve Reston: Obama unveils $2.4-billion

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

The high cost of manufacturing the Volt is exactly why the tax credits of $2500 for a vehicle with 4 kWh of battery capacity and $417 for every kWh over 4 (so that there is a $7500 credit for the Volt) were legislated. So the Volt would cost $32,500–not so much more than what people are reportedly paying for the Prius.

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Electric Car Makers: Oregon Wants You - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Governor Kulongoski is currently pushing a plan before the state legislature to cut some hefty tax breaks for electric vehicle manufacturers who choose to come to Oregon, as well as provide huge tax credits to purchasers of electric cars. “My Read more in this blog post: [link] — Gregory Hancock 5.

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