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One Million Electric Vehicles By 2015

One Million Electric Vehicles By 2015

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  • Time of issue:2022-03-04
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(Summary description)

One Million Electric Vehicles By 2015

(Summary description)

  • Categories:News
  • Author:
  • Origin:
  • Time of issue:2022-03-04
  • Views:0
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One Million Electric Vehicles By 2015 - February 2011

President Obama’s goal of putting one million electric vehicles on the road by 2015
represents a key milestone toward dramatically reducing dependence on oil and ensuring
that America leads in the growing electric vehicle manufacturing industry. Although the
goal is ambitious, key steps already taken and further steps proposed indicate the goal is
achievable. Indeed, leading vehicle manufacturers already have plans for cumulative
U.S. production capacity of more than 1.2 million electric vehicles by 2015, according to
public announcements and news reports. While it appears that the goal is within reach in
terms of production capacity, initial costs and lack of familiarity with the technology
could be barriers. For that reason, President Obama has proposed steps to accelerate
America’s leadership in electric vehicle deployment, including improvements to existing
consumer tax credits, programs to help cities prepare for growing demand for electric
vehicles and strong support for research and development.

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