stimulus plan

As part of the Obama administration's $787 billion stimulus package, the federal government plans to spend $300 million to replace its current fleet of vehicles with more fuel efficient models. About $285 million of that amount will ...

Back during the Clinton era, Federal funds in the U.S. favored plug-in hybrids research. The money shifted during the Bush administration to hydrogen fuel-cell research. Candidate Obama pledged to have 1 million plug-in hybrid electric vehicles on American roads in six years, and the DOE's Office ...

Last month, Germany reported a shocking 21 percent improvement in auto sales, and the greatest driver in the uptick was a used vehicle scrapping plan that pays drivers 2,500 euros ($3,150) to remove their old car from the road. With new car sales in most other countries down by at least that much, ...

When the big stimulus bill was passed this week, the number that rose to the forefront was a $2 billion investment for plug in vehicles. But, if you add in all the additional plug-in help for things like infrastructure, the actual plug-in stimulus package is closer to $12.5 billion, according to ...