From Green Right Now Reports
Enmeshed in the worst business conditions in decades, America’s auto companies are trying to envision the coming world of transportation. For Ford and Chrsyler, the future is atarting to look electric.
Both companies are pushing for federal funds to develop new elctric vehicle programs. Chrysler LLC has submitted a $448-Million plan to the U.S. Department of Energy for the rapid development and manufacturing of electrified vehicles. And Ford has also proposed to the DOE a national pilot project to promote the use of electric vehicles.
Chrysler LLC said yesterday that it has applied for two initiatives established by the DOE — the Electric Drive Vehicle Battery and Component Manufacturing Initiative and the Transportation Electrification Initiative. Both are designed to speed development, demonstration, evaluation and manufacturing of electric vehicles (EVs) and plug-in hybrid-electric vehicles (PHEVs). The program would be a 50/50 partnership with $224 million coming from Chrysler and its partners, combined with a matching $224 million from the DOE.



Don’t be fooled. Gasoline prices won’t be bumping around $2 a gallon for long. Driving a car with good fuel economy still makes sense. Higher mpg means lower operating costs for the household budget and fewer greenhouse gas emissions.