US: Obama Budget cuts diesel funding, favours EVs

US President Barack Obama has officially submitted his Budget, outlining efforts to achieve 1 million advanced technology vehicles in the country by 2015. Steps towards this end include a range of consumer incentives, investment, community programmes and R&D. In support of electric vehicles (EVs), the Budget proposes turning the current US$7,500 Subscribe to Automotive World … Continued

• By Webmaster
• February 15, 2011