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Obama says U.S. will make 40% of advanced vehicle batteries in five years
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Auto Green Magazine - 2010-07-19
President Obama was in Michigan today to visit the construction site of LG Chem/CPI’s new advanced battery plant in Holland. The federal government is involved in the plant through a $151.4-million grant, and the visit gave the President the chance to promote American manufacturing. He said the plant was “a symbol where Michigan is going, it’s a symbol of where Holland is going and where America’s going.” As for where the U.S. will be going in the plug-in vehicle space, Obama said this country will make 40 percent of the world’s automotive batteries in five years. Right now, the U.S. makes around two percent.
Article Continues: http://autogreenmag.com/2010/07/16/obama-says-us-will-make-40-of-advanced-vehicle-batteries-in-five-years/


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