Obama Administration Now Proposing to Fund Development of Wider Range of 'Green' Vehicles
One year ago, President Obama used his State of the Union address to set a bold goal of U.S. consumers buying 1 million electric cars by 2015. But consumers aren't biting, and the Department of Energy and the White House are backing away.
The only mention in this week's State of The Union of EVs was a vague proposal for an "Energy Security Trust" with funding from oil and gas drilling royalties and use the money for research on electric vehicles, natural-gas vehicles and biofuels.
The truth is that enthusiasm for an EV car revolution is waning as too few U.S. car-buyers see themselves adjusting their driving lifestyles to make an EV part of their family fleet.
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