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270Why Obama is Backing Away From Electric Vehicles

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.

63DOE Secretary Steven Chu resigns, talks about future of plug-in vehicles

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

50US Treasury signals it will sell off remaining GM shares

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.

113Federal green car fleet buys more Hyundai hybrids as overall number goes down

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.

212Obama Denounces Right-To-Work Legislation In Detroit Visit

President Also Underscored His Economic Plan As Fiscal Cliff Nears

On the eve of a vote that could cripple unions throughout the state of Michigan, President Obama visited a Detroit-area automotive plant to tout their importance.

34Tesla's Musk says Obama win means good things for plug-in vehicles

That gift horse? Elon Musk ain't looking it in the mouth.

92Will Obama Sell GM Stake Now That Election Is Over?

Pressure coming from different quarters to sell stake even at a loss

With the election behind President Obama, there will be pressure coming from different quarters to sell off the 32% of General Motors that the government owns.

28A123, Wanxiang deal under scrutiny by Republican Senators

Lithium-ion battery maker A123 Systems continues to be a source of drama and intrigue, from bankruptcy and court filings to investor relations and national security.

176What Obama's win could mean for the auto industry over the next 4 years

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.

527UAW calls for investigation into Romney ethics violations over possible profits from auto bailouts

The United Autos Workers, which has endorsed President Barack Obama, announced Thursday that its members want the US Office of Government Ethics to investigate Gov. Mitt Romney for violations.

1GM Earnings Down, But Well Ahead Of Wall Street Forecast

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.

80What changes might green car policies see under a Romney presidency?

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.

18President Obama reveals secret Chevy Volt joyride to Jay Leno

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.

83Romney again attacks Tesla, Fisker in presidential debate with Obama

On the electric car front, Dan Senor has failed.

9The Truth About Gas Prices That Neither Candidate Will Mention

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.

391A123 Declares Bankruptcy, Failure Could Be Bad For Obama

The battery maker received $249 million in loans from the Department of Energy

Electric car battery maker A123 filed for bankruptcy today, just a few hours after warning it was about to default on its loans, and will be taken over by auto supplier Johnson Controls.

50Fisker responds to Romney's 'loser' debate comment

We're guessing Mitt Romney won't be hanging out with Cee Lo, Leo or the Bieber anytime soon. Or Fisker spokesman Roger Ormisher, for that matter.

33U.S. House questions safety, job impact of new CAFE rules

So before we get into having stricter fuel economy standards that will save Americans as much as $1.7 trillion at the pump, let's spend some more money studying the issue a little more, shall we?

9Feds want public comments on EV Everywhere, lower-cost plug-in vehicle project

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.

88Obama calls for trade case against China

According to an Automotive News report, the U.S. government has launched a trade case that focuses on ending Chinese subsidies of its automotive industry, which threaten American auto industry jobs.

189New CAFE rules officially finalized; 54.5 mpg is like making gas $1/gallon cheaper

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

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