The President's Budget proposes to make the United States the world's leader in manufacturing and deploying next - generation
vehicle technologies through three new
initiatives, expanding funding for
vehicle technologies by almost 90 percent to nearly $ 590 million and enhancing existing tax incentives; making electric
vehicles more affordable and accessible for American consumers; advancing innovative
vehicle and
battery technologies through increased R&D, and rewarding communities for leadership in reducing regulatory barriers and developing comprehensive electric
vehicle - friendly infrastructure.