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Vice President Biden Announces Plan to Put One Million Advanced Technology Vehicles on the Road by 2015

January 26, 2011

Today, Vice President Biden, Chair of the Middle Class Task Force, took the "White House to Main Street Tour" to Greenfield, Indiana, where he visited leading manufacturer Ener1, Inc., which produces advanced lithium-ion battery systems for electric vehicles, grid energy storage and industrial electronics.

In his State of the Union address last night, President Obama highlighted his goal of making the United States the first country in the world to put one million advanced technology vehicles on the road by 2015. Following a tour of the Ener1, Inc. factory today, the Vice President met with workers to discuss the Administration's new plan for reaching that ambitious goal.

"As you heard President Obama say last night, this Administration is forging a new path forward by making sure America doesn't just lead in the 21st Century, but dominates in the 21st Century," said Vice President Biden. "We're not just creating new jobs, but sparking whole new industries that will ensure our competitiveness for decades to come—industries like electric vehicle manufacturing."

Ener1, Inc. was awarded a $118.5 million grant from the Department of Energy—part of a $2.4 billion Recovery Act investment nationwide—to expand its production of advanced batteries for hybrid and electric vehicles. That grant is making it possible for Ener1 to expand its current manufacturing and assembly operation from 336 workers at its Indianapolis manufacturing and assembly facilities to over a thousand by the start of 2013. In 2010 alone, Ener1 added 120 jobs at its Indianapolis plants.

The Administration's new three-part advanced technology vehicle plan will include supporting electric vehicle manufacturing and adoption in the U.S. through generous new consumer rebates, investments in R&D, and a new competitive program to encourage communities to invest in electric vehicle infrastructure. Full details of the plan are below.

President Obama's Plan to Make the U.S. the First Country to Put 1 Million Advanced Technology Vehicles on the Road

In 2008, the President set an ambitious goal of putting 1 million advanced technology vehicles on the road by 2015 – which would reduce dependence on foreign oil and lead to a reduction in oil consumption of about 750 million barrels through 2030. To reach that goal, President Obama will propose in his Budget a new effort to win the future by supporting advanced technology vehicle manufacturing and adoption in the U.S. through new consumer rebates, investments in R&D, and competitive programs to encourage communities that invest in advanced technology vehicle infrastructure.

The President's New Initiatives to Support Advanced Technology Vehicles

The President's Budget proposes to make the United States the world's leader in manufacturing and deploying next-generation vehicle technologies through three new initiatives, expanding funding for vehicle technologies by almost 90 percent to nearly $590 million and enhancing existing tax incentives:

Building on Progress

The Administration has taken aggressive steps to reduce dependence on foreign oil, including strong fuel economy standards for cars and trucks, and significant investment in biofuels. This initiative builds on that commitment, and on our significant investments in vehicle technology, to-date.

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Content Last Updated: 01/25/2010