Tax Payer Money Drives for More Efficient Electric Vehicles in America

Electrical engines on their way back, petrol vehicles, and CNG cars out. That was the introduction of the main speech given by Under Secretary of Energy Mark W. Menezes at the Washington Automobile Show early this month. Instead of the domestic transport industry, he mentioned well the American natural gas sector and concentrated on production and sales chances in the export market. They barely got as much as a whisper in petroleum fuels.

On 23 January, Menezes presented his EV-friendly speech and made a veiled, but stinging slap at the expense of carbon transportation through the forum.

“Today, transportation is, after housing itself, the second most expensive to American households and takes almost 30% of the energy that we as a nation use,” he said halfway through the conversation.

It’s been bad news. As Menezes points out, the good news is a significant shift in electric scooters.

In spite of this, Menezes talked of three new opportunities in about $300 million for investment by the Energy Department.

The pie incorporates a $133 million in power, electrification, and manufacturing for new EVs. The hydrogen production will also expand by 64 million dollars, to reduce clean fuel prices. That aspect involves the use of fuel in energy cell cars, which correlates with state policies to promote hydrogen cell vehicles.

The extra 100 million dollars do not support electric cars but offer natural gas (CNG), diesel, and oil donations.
Yet, there is still more. Menezes started with a report on the Nobel-winning work on lithium-ion batteries in the energy department after bringing focus to electric scooters. He also pointed out that the Agency during the previous year invested more than 140 million dollars on research and development for energy storage, and earlier that month, it unveiled a massive new power storage program.

“Our objective is to speed up the development, trade, and use of energy storage technologies of the next generation and to sustain America’s global energy storage leadership, he said.

In conjunction with tossing a bucket of cold water over fossil transport, that power storage angle shuts the door to fossil fuels for power production.

Moreover, Menezes notes that ARPA-E has channeled $443 million in finance for 173 transport technology “out of the lifetime,” the slicing-edge research funding office of the Energy Department.

The collaboration between the US and DRIVE is particularly essential as it could indicate a more focused attempt at converting US oil and gas suppliers through biofuels, alternatives, and other alternative fuels.

Part of the United States DRIVE’s goal is to boost fuel efficiency through BP America, Chevron Petroleum, Phillips 66, ExxonMobil Corporation, and Shell Oil Pr, its oil and gas collaborators.

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