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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Ford Transit Connect EV. The report hopefully points to the economics of EVs for fleet buyers; the conversion of the current $7,500 tax credit to benefit the consumer at the point-of-sale; the attraction of PEV attributes to some consumers; and potentially higher fuel prices to buoy consumer demand for PEVs. Fisker Karma EREV.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

billion in grants to US-based manufacturers to produce batteries and their components and to expand battery recycling capacity; $500 million in grants to US-based manufacturers to produce electric drive components for vehicles, including electric motors, power electronics, and other drive train components; and. DOE Award ($mil.).

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