President Obama Announces $1 Billion Fund to Promote Energy Efficient Vehicles

The President went to the Daimler Trucks plant in North Carolina. He laid out a new plan to ensure that we will reduce our dependency on oil. He reminded us of some of the strategies that are currently in place to address our energy problem.

Today, President Obama made a trip to a manufacturing plant for Daimler Trucks North America in Mount Holly, North Carolina. He was in the Tar Heel state to discuss more ways his administration is taking an all-of-the-above approach to American energy.

He talked about how his administration is pursuing new domestic energy sources, expanding oil and gas production, and reducing our overall reliance on oil through development of renewable energy.

But at a place where workers are busy assembling trucks that run on natural gas, the President also announced a new $1 billion National Community Deployment Challenge to help boost the deployment of clean, advanced vehicles all over America:

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