Obama announces $2.4 bln grant for electric vehicles "...includes 1.5 billion dollars to US manufacturers to make batteries and components and to expand recycling, officials said. A further 500 million dollars will go to US firms which produce components for vehicles including electric motors, electronics and other drive train items. The grants gel with a wider Obama administration effort to wean the United States off foreign oil from volatile regions of the world and drive to slice into US greenhouse gas emissions blamed for global warming. Obama announces $2.4 bln grant for electric vehicles - Yahoo! News .
