President Obama reiterated his vision of seeing one million electric vehicles on the road by 2015 at yesterday’s State of the Union address. “With more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have 1 million electric vehicles on the road by 2015,” Obama said.
Obama said he will ask Congress to fund new programs that support the sales and deployment of electric vehicles, including better consumer rebates and an investment into electric vehicle infrastructure. “Instead of subsidizing yesterday’s energy, let’s invest in tomorrow’s,” Obama said at the SOTU. The actual numbers will be released in the president’s budget proposal to Congress in mid-February.
Chevrolet and Nissan recently began selling plug-in cars, and other car manufacturers like Toyota, Mitsubishi, Ford and SMART are expected to launch their own electric models within the next year or two. But for electric cars to truly become mainstream, the auto industry will need help from federal officials to build a reliable charging infrastructure and to make electric cars more affordable.