3/07/2012

President Obama Aims High to Jump Start the Sustainable Vehicle Revolution

President Obama announced today at Daimier Trucks North America's manufacturing plant in Mt. Holly, North Carolina, the launch of his $1 billion initiative that will assist communities around the country in developing the backbone infrastructure needed for the deployment of clean, advanced fuel technology vehicles.  Daimier Trucks is producing the most advanced alternative fuel and hybrid electric technologies in the trucking industry which reduce their environmental impact.  The National Community Deployment Challenge is putting the call out to communities to have the opportunity to be named as one of the 10 or 15 model communities that will get federal investments to install infrastructure for alternative fuel vehicles.

The President's administration understands that in order for the American public to feel comfortable adopting electric vehicles or fuel cell cars, they must be able to use and maintain the cars in the same way as they do their gas powered vehicles.  Therefore necessary installations of fuel-cell refilling stations and EV charging stations must take place within the communities involved.




The President also unveiled a new research challenge to make electric vehicles affordable to own and more convenient for the public to adopt, as well as a proposal to expand the $7,500 tax credit for advanced, fuel efficient vehicles to new technologies and raise the ceiling on the credit to $10,000.  The public can use a bit more incentive to buy more fuel efficient vehicles, so expanding the tax credit and increasing the amount of cash available for each consumer will assist in that.  He is also proposing to expand the alternative fuel tax incentive to heavy-duty trucks.  The President hopes that the increased access to alternative fuel vehicles will secure manufacturing jobs at American facilities where most of the vehicles are made.  To secure a future in American innovation the President has developed a program called "EV Everywhere" challenging the brightest scientists to put their minds to developing technology that makes EV's more affordable.  This will hopefully make electric vehicles affordable for the average American family within the decade.