Barack Obama on Thursday unveiled a US$2.4 billion (S$3.6 billion) boost for electric vehicle development, vowing to compete with foreign nations in the race to be world leader on renewable energy. Mr Obama said the money would be used to develop next generation plug-in hybrid electric vehicles and advanced battery components and would create tens of thousands of US jobs and reduce reliance on foreign oil.
He set a target of putting a million of the environmentally friendly vehicles on US roads by 2015. The plan would also give a US$7,500 tax credit to people who buy plug-in hybrid vehicles, Mr Obama said, as he toured a plant in southern California developing the new generation transport. Mr Obama is so thoughtful!
1 comment:
Well, for the electric car to be popular, the government must also ensure sufficient charging stations are available to the public. If not, many cars will stalled on the road due to not enough charge of electric car. You may see that we have many petrol station across the whole island to cater for the top up of fuel.
Anyway, it is a good start for leading countries like USA.
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