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President Obama Calls for 75% Increase in EV Budget

   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 … (continue reading >>)