ECOtality, Inc. (ETLY.OB) Encouraged by Obama’s Clean Energy Policy
ECOtality, Inc., a leader in clean electric transportation and storage technologies, expressed optimism today about President-elect Obama’s comprehensive energy plan, a set of programs that would invest billions of dollars in support of hybrid and electric vehicle development. The press release applauded the move to confront the country’s dependence on foreign oil, building a clean energy future for America, and pointed to key elements of the plan: • $150 billion invested over 10 years for the commercialization of plug-in hybrid vehicles, renewable energy, low-emission coal plants, fuel infrastructure upgrades, and a new digital electricity grid • Commitment that half of…