Last year the city of Austin and Austin Energy announced they would provide $
1 million as seed money to anyone who developed
hybrids capable of 100 miles-per-gallon. Last week, leaders from California's Bay Area officially pledged resources to the offer and called its project, 'Plug-In Bay Area'. Organizers of the project aim to influence government agencies to persuade automakers to accelerate their
plug-in hybrid technologies.
Toyota Motor Co. has already
announced it is pursuing such technologies last month.
[Source: Oakland Tribune]
[Source: Oakland Tribune]