$5 billion to Electric Vehicles on US roads by Obama

The Obama Administration has decided to invest $5 billion for having 1 million electric vehicles on U.S. roads in coming by 2015. As I am a professional writer, according to me, in next coming days, we can have a vast scarcity of fuel and all that. So I think it will be the great decision on it on the technology in the United States. This will be the greatest investment of the United States on this electric vehicles, it is the good start-up by the government of the United States.

Loans and Grants for car buyer by Obama

Now a day, the costing of fuels are touching the sky, no body is going to afford this. So, from this decision of the Obama, we can have our own  electric vehicles. For this, Obama has investment $5 billion on the electric vehicles in which loans and grants to car buyers, battery, charging stations, tax credits etc are included in it.

For your information, I want to say that the Nissan Motor Co. has got $1.4 billion loans and grants to build leaf and battery in the United States. Read More...

Source of Information : delawareonline