Home » Posts tagged 'Innovation' (Page 3)

  • Obama budget boosts funding, tax credit for electric cars

    Obama budget boosts funding, tax credit for electric cars

    by Antony Ingram, Christian Science Monitor, April 14 2013 President Barack Obamahas said he wants to boost the Department of Energy’svehicleresearch budget 75 percent to help develop more efficient cars. In his 2014 budget proposal to Congress on Wednesday, Obama proposes $575 million extra for research, and afurther $2 billion trust fundto help research into getting off foreign oil in the next ten years. Read more…

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  • New Cars Sold Average Fuel Economy Sets Record For 3rd Consecutive Month

    New Cars Sold Average Fuel Economy Sets Record For 3rd Consecutive Month

    by Philippe Crowe, HybridCars.com, April 11, 2013 TrueCar announced today that fuel economy numbers from March light vehicle sales indicate the average increased to 23.7 mpg. This is the third consecutive month average fuel economy records have been achieved by the industry. Read more…  

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  • Obama proposes $2 billion plan for clean energy technology research

    Obama proposes $2 billion plan for clean energy technology research

    by Philip Rucker The Washington Post March 15, 2012 LEMONT, Ill. ‚Äî President Obama on Friday proposed taking $2billion in royalties the government receives from offshore oil and gas leasing to fund research into clean energy technologies designed to lessen the nation’s dependence on fossil fuels to power cars and trucks. Obama called for establishing an Energy Security Trust, which would divert $2billion in federal revenue from oil and gas leasing toward clean energy research. The money would be invested [...]

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  • Obama wants $2 billion in vehicle technology research funding

    Obama wants $2 billion in vehicle technology research funding

    by David Shepardson The Detroit News March 15, 2013 Washington ‚Äî President Barack Obama will call on Congress today to approve $2 billion in funding for advanced vehicle technologies by tapping funds generated from oil and gas exploration on federal waters, the latest in a series of proposals to boost the nascent market for alternatively powered cars and trucks… He will call on Congress to set aside $2 billion over the next decade for research, including electric vehicles, batteries, compressed [...]

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  • Cummins’ new ‘super truck’ to use 50% less fuel

    Cummins’ new ‘super truck’ to use 50% less fuel

    by Jeff Swiatek Indianapolis Star March 14, 2013 Cummins Inc. says it’s making progress in developing a new “super truck” that gulps 50 percent less fuel than typical long-haul tractor-trailers. The truck, designed with Peterbilt Motors Co. and other partners, averaged 9.9 miles a gallon in road tests last fall in Texas, the Indiana heavy-duty engine maker announced today. Read more…  

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  • New internal combustion engine could boost electric cars

    New internal combustion engine could boost electric cars

    by Gary Gastelu Fox News March 13, 2013 A revolutionary new internal combustion engine doesn’t go in circles, at all. Developed by engineers at the German Aerospace Center’s Institute of Vehicle Concepts, the Free Piston Linear Generator is an all-new type of powerplant designed to be used as a range extender for electric cars. Read more…

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