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As part of the Obama Administration’s comprehensive plan to address rising gas prices and reduce oil imports one-third by 2025, U.S. Energy Secretary Steven Chu today announced that to date, more than 1,800 electric vehicle chargers have been installed under the Recovery Act. Coulomb Technologies, ECOtality, General Motors and others have been moving forward to install the charging stations as part of the Administration’s investments in U.S. electric vehicle manufacturing and alternative vehicle infrastructure. Secretary Chu made the announcement at an event today in Exposition Park in Los Angeles, California, where he was joined by Los Angeles Mayor Antonio Villaraigosa and Coulomb Technologies founder and Chief Technology Officer Richard Lowenthal. The event marked the installation of the 500th electric vehicle (EV) charger by Coulomb, which received a $15 million award under the Recovery Act.
“President Obama has set an ambitious goal of putting 1 million electric vehicles on the road by 2015. Investing in the U.S. electric vehicle industry will help us reduce our dependence on foreign oil, create jobs for U.S. workers, and provide American families and businesses with alternatives to protect them from future spikes in gas prices,” said Secretary Chu. “Building energy-saving electric cars and trucks, and the infrastructure to power them, will help Americans save money at the pump and improve the nation’s energy security.”
Since 2009, DOE has invested more than $5 billion in grants and loans to spur the growth of America’s electric vehicle and advanced battery manufacturing industry. These investments are supporting U.S. manufacturers and small businesses as they expand to better compete in this fast-growing global market.