Obama wants $2 billion in vehicle technology research funding

Detroitnewsby 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 natural gas and biofuels.


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