State of the Union mentions EVs, but lofty goals are evaporating
One year ago, President Obama used his State of the Union address to set a bold goal of U.S. consumers buying 1 million electric cars by 2015. But consumers aren't biting, and the Department of Energy and the White House are backing away.
One day after announcing the Workplace Charging Challenge expansion for EV Everywhere at the Washington Auto Show, Department of Energy Secretary Steven Chu announced some big personal news: he will resign, giving President Obama one more chair to fill in his second term. In his 3,700-word resignation letter that was made public today (and available below), Chu only briefly touched on electric vehicles (and only indirectly alluded to hydrogen in the phrase "science that could lead to the direct
True to its word, the US Treasury Department has taken steps today to rid itself of its remaining 300-million shares of General Motors stock. The Treasury has engaged both JP Morgan and Citigroup Global Markets to handle the sale of the remaining shares, reports the Detroit Free Press.
The Obama administration made a big deal about how it had a long-term plan to green up the federal vehicle fleet back in early 2011. Even with that big target, the overall number of hybrids is going down. And, after spending time buying fuel-efficient US cars, the Obama administration has been turning more to hybrids from foreign automakers – just like the general public – rather than fuel sippers from Ford or General Motors.
The 2012 Presidential election is in the books and those in swing states must be looking forward to the absence of countless campaign ads. However, those with their eyes on electric vehicles and reduced emissions from automobiles may be looking forward to what the President's second term in office has in store.
New Chevys and Cadillacs well received by car buyers
General Motors took a hit to third quarter earnings compared with last year due to European struggles, but handily beat Wall Street forecasts thank to strong demand for its vehicles in the U.S. and better profit margins.
A downward-revised Corporate Average Fuel Economy (CAFE) standard and a push away from electric-drive vehicles and towards alt-fuel types such as natural gas may be some of the transportation measures in store if Mitt Romney beats Barack Obama in the US presidential election next month, Automotive News reports. A removal of tax credits for electric-vehicle buyers could also be on the table, says Hybrid Cars.
President Barack Obama has been near a Chevrolet Volt before, but he's never had the chance to have a proper drive of one. That changed recently when a Volt-driving friend came to the White House for a visit and let Obama take it for a spin on the grounds.
Experts say president has little control over volatile oil prices
Tonight's third and final presidential debate is scheduled to focus on foreign policy. But in doing so, President Obama and Gov. Mitt Romney will likely address a decidedly domestic issue – gas prices.
The cost of plug-in electric vehicles is right up there with perceived loss of convenience as a stumbling block for mass adoption of electric vehicles. To help figure out what it will take to climb over the cost hurdle, the U.S. Dept. of Energy would like to hear from you.
Increasing the Corporate Average Fuel Economy standards for model year 2017-2025 cars to 54.5 miles per gallon was first proposed in July 2011. Since then, there has been a lot of back and forth, a lot of positive and negative responses, and, lately, a delay for unknown reasons. Since the CAFE rules were not changed between the mid-1980s and when President Obama came into office and rules for 2012-2016 model year vehicles were put in place in 2010, it's not a huge surprise this update took so lo