Million Vehicles on the Road by 2015
In accordance with New Energy Policy, President Barack Obama announced a $2.4-billion competitive grant program to make the electric vehicles more widely available.
On the second day of his tour of Southern California, President Obama highlighted his environmental jobs agenda with a visit to an electric-vehicle testing facility in Pomona, where he announced a $2.4-billion competitive grant program to make the electric vehicles more widely available.
In his low-key speech before about 100 Edison employees and students from nearby Village Academy High School, Obama highlighted his recovery plan, which he says would create 400,000 jobs in California, and expressed concern about the "devastating impact" of the foreclosure crisis on the state.
But he focused primarily on his proposals to create new jobs in green technologies and to reduce the nation’s dependence on foreign oil, noting that the U.S. is importing more oil than it was on Sept. 11, 2001.
"Even as our economy has been transformed by new forms of technology, our electric grid looks largely the same as it did half a century ago," Obama said. "So we have a choice to make. We can remain one of the world’s leading importers of foreign oil, or we can make the investments that would allow us to become the world’s leading exporter of renewable energy."
The president renewed his commitment to doubling the country’s supply of renewable energy over the next few years — including spending $11 billion upgrading the nation’s power grid to ease the delivery of renewable energy across the country, and $15 million to help develop green technologies such as solar and wind power, and new coal technologies.
As a receptive audience of engineers and workers cheered his plans, Obama pledged to put a million plug-in hybrid vehicles on the road by 2015, and highlighted his offer of up to $7,500 in tax credits for Americans who purchase electric vehicles.
The new $2.4-billion grant program, which would be part of his recovery program, would ask companies to compete for federal money to increase the manufacturing of batteries and parts used in the electric cars.
Before speaking to the crowd gathered on the factory floor of the Electric Vehicle Technical Center this morning, the president spent about 20 minutes touring the facility with Edison International’s CEO and a top engineer.
After viewing the company’s model for a "garage of the future" — where an electric car battery would be charged each night with energy drawn from solar panels on the garage roof — Obama toured the battery-testing center and questioned engineers about what government could do to help advance the technologies.
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