Obama calls for big boost in electric vehicle research funding

Detroitnewsby David Shepardson
The Detroit News
April 10, 2013

Washington — President Barack Obama proposed a big boost in vehicle research funding in his 2014 budget proposal that he delivered to Congress on Wednesday. He also called for more money for high-speed rail, cellulosic ethanol and boosting manufacturing.

Obama wants to hike the Energy Department’s vehicle research budget by 75 percent to $575 million and create a $2 billion trust fund to fund more research into getting the country off foreign oil over the next 10 years.

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