Will Electric Cars Benefit From Presidential Clout?
President Barack Obama talked about getting more electric cars on U.S. roads in his State of the Union speech tonight and the message may be just what car makers wanted to hear. Those trying or planning to sell electric vehicles to a public reared on gasoline are counting on continued government help in making the cars more affordable through subsidies and tax incentives.
Chevrolet and Nissan recently began selling battery-powered cars and other companies including Ford, Mitsubishi and BMW are expected to roll out electric models within the next year or two. As the number of electrics on the road increases consumers and manufacturers will expect Federal officials to help guide development of a reliable infrastructure for charging the vehicles’ faster and more efficiently than can be done at home.
This excerpt from the president’s speech sums up his tone of inclusion for alternative energy in general and for electric automobiles in particular:
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