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USA: President Obama launches EV-Everywhere Challenge

Mt. Holly, N.C., March 9, 2012 — President Obama launched EV-Everywhere, the second in a series of Department of Energy “Clean Energy Grand Challenges.”

The EV Everywhere Challenge will bring together America’s scientists, engineers and businesses to work collaboratively to make electric vehicles more affordable and convenient to own and drive than today’s gasoline-powered vehicles within the next 10 years.

The announcement is part of President Obama’s all-of-the-above approach energy strategy to protect American consumers from high gas prices over the long-term by offering consumers cost-effective alternatives to gasoline-powered vehicles and helping to reduce the country’s dependence on foreign oil.

“The Energy Department’s Clean Energy Grand Challenges will engage America’s scientists, engineers and young people to solve some of the nation’s biggest energy challenges and make clean energy technologies affordable and accessible to the vast majority of American families and businesses,” said Secretary Chu. “The EV-Everywhere Challenge is focused on advancing electric vehicle technologies and continuing to reduce costs, so that a decade from now, electric vehicles will be more affordable and convenient to own than today’s gasoline-powered vehicles.”

Electric vehicles can offer consumers advantages over gasoline-powered vehicles, including savings on fuel costs, added convenience and reduced maintenance costs. Electricity is cheaper than gasoline to power a vehicle — generally equivalent to less than $1 per gallon — and consumers are able to fuel up at home.
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