Obama FY 2012 budget proposes big boost for EVs and EV technology, cuts for hydrogen
Green Car Congress
FEBRUARY 14, 2011
The President’s Budget proposes a 12% increase in funding for the Department of Energy. Click to enlarge. In support of President Obama’s goal of having 1 million advanced technology vehicles on US roads by 2015, the President’s Budget submitted today proposes a new effort to support electric vehicle manufacturing and adoption in the United States through new consumer. rebates, investments in R&D, and competitive programs to encourage communities.