Photo: Barak Obama via Facebook
US president Barak Obama called for a 75 percent increase for the Department of Energy's EV research budget which would reach $575 million as a result.
Convincing Americans that EVs are a viable alternative to their gasoline cars has proved difficult, but adoption of electric cars is on the rise and technology is advancing at a steady pace.
Obama has taken plenty of political flack for his support of green technology. Ex-VP candidate Sarah Palin recently called Tesla and the Chevy Volt "losers", suggesting the president has invested too much money into cars that the vast majority of people can't afford.
Still, that's not exactly true. Nissan has started making the Leaf EV in North America and has subsequently dropped prices below $30,000. After taking into account tax incentives, the car can be cheaper than $20,000.
Obama has taken plenty of political flack for his support of green technology. Ex-VP candidate Sarah Palin recently called Tesla and the Chevy Volt "losers", suggesting the president has invested too much money into cars that the vast majority of people can't afford.
Still, that's not exactly true. Nissan has started making the Leaf EV in North America and has subsequently dropped prices below $30,000. After taking into account tax incentives, the car can be cheaper than $20,000.
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