President Barack Obama proposed expanded tax credits and community research grants to make alternative-energy cars and trucks more attractive to buyers.
Electric, natural gas and hydrogen-powered vehicles would be covered by the plan, which Obama announced today in the battleground state of North Carolina.
Obama called on Congress to make two changes in tax law to coax drivers into less-polluting vehicles. One would raise the tax credit to $10,000 from $7,500 for the purchase of a so-called advanced vehicle.
Read more: Automotive News