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US: 2013 Budget includes US$60m for battery research

President Obama's FY2012-13 budget recommends US$10,000 in tax credits for EV and PHEV buyers, and also proposes to cut oil and gas subsidies by US$4bn. On 13 February Secretary Chu detailed President Obama's fiscal year 2012-2013, which includes a US$27.2bn request for the Energy Department. Some EV- Subscribe to Automotive World to continue reading Sign … Continued

President Obama's FY2012-13 budget recommends US$10,000 in tax credits for EV and PHEV buyers, and also proposes to cut oil and gas subsidies by US$4bn.

On 13 February Secretary Chu detailed President Obama's fiscal year 2012-2013, which includes a US$27.2bn request for the Energy Department.

Some EV-

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https://www.automotiveworld.com/articles/92120-us-2013-budget-includes-us-60m-for-battery-research/

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