{"id":826,"date":"2011-05-14T21:44:36","date_gmt":"2011-05-15T04:44:36","guid":{"rendered":"http:\/\/pluginamerica.eh\/energy-secretary-chu-on-the-future-of-evs\/"},"modified":"2023-03-07T12:59:35","modified_gmt":"2023-03-07T17:59:35","slug":"energy-secretary-chu-future-evs-0","status":"publish","type":"post","link":"https:\/\/pluginamerica.org\/energy-secretary-chu-future-evs-0\/","title":{"rendered":"Energy Secretary Chu on the Future of EVs"},"content":{"rendered":"

Lowenthal, at podium, Sec’y Chu, right, Mayor Villaraigosa, left<\/p><\/div>\n

U.S. Energy Secretary Steven Chu deserves his Nobel Prize just for his stance on EVs, alone. Chu said a few words at a recent L.A. press conference announcing installation of Coulomb Technologies’ 500th charger. Mayor Villaraigosa was there to bask in the green glow, as was Coulomb’s founder & CTO, Richard Lowenthal.<\/p>\n

The day after the press conference, President Obama called for<\/a> opening Alaska’s national petroleum reserve to blunt criticism that he’s not doing enough about rising energy prices. Not good news. But Chu’s remarks were heartening, at least. The highlights:<\/p>\n

“I’ve never been more excited about the possibilities for EVs,” he said, reflecting momentarily on the EV1 days, then explaining his current enthusiasm: “The batteries are getting better and better.”<\/p>\n

Indeed, the Dept. of Energy (DOE) believes that the cost of EV batteries will “be dropping by 50% in the next few years,” Chu said. What’s more? The DOE’s goal is to see an EV start testing in the next five or six years that’s priced around $25,000–without subsidies–and can make the 300-mile drive from L.A. to Las Vegas on a single charge. That may sound “magical,” Chu acknowledged, but the race to electrify transportation is “like the space race, but the stakes are much higher.”<\/p>\n

Speaking of high, gas prices may go up, then down, up and down, but they are on an inexorable rise, never to drop to $50-per barrel again, he said, and “the world knows it.”<\/p>\n

Plug In America knows it, too. So, go electric now. The faster we electrify the fleet, the less, we hope, we’ll have to drill domestically.<\/p>\n","protected":false},"excerpt":{"rendered":"

U.S. Energy Secretary Steven Chu deserves his Nobel Prize just for his stance on EVs, alone. Chu said a few words at a recent L.A. press conference announcing installation of Coulomb Technologies’ 500th charger. 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