AI Overview
The electric vehicle (EV) policy of the Obama administration focused on kickstarting consumer adoption, expanding manufacturing capacity, and upgrading national infrastructure. [
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The 1 Million EV Goal: Set during the 2011 State of the Union address, the administration aimed to put 1 million plug-in electric and advanced technology vehicles on U.S. roads by 2015 to reduce foreign oil dependence and cut transportation emissions. [
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Fuel Economy Standards: Partnered with the EPA and Department of Transportation (DOT) to nearly double passenger vehicle fuel economy standards to a target equivalent of roughly 54.5 miles per gallon by 2025. [
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Consumer Tax Credits: Championed and maintained the federal tax credit providing up to
$7,500 for consumers purchasing new electric vehicles, later proposing to convert it into an immediate point-of-sale rebate. [
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