Thursday, May 27, 2010

Summary Box: New money for electric cars

From the AP...

GOING ELECTRIC: The Senate and House are proposing big grants for cities to install charging stations and other infrastructure needed to support electric cars. New tax credits would also be extended to some electric car buyers.

BIG GOAL: Lawmakers say the bills should help add 700,000 new electric vehicles to the road in the next few years.

THE BIG REASON: Electric vehicles are expected to hit car showrooms in big numbers starting this fall. But few cities have public places for them to recharge, potentially limiting how widely they can be used.
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