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 |  Aug 28 2013, 3:06 PM

TOYOTA-hybrid-chalenge

Toyota executive Bob Carter challenged the U.S. auto industry today in a call to increase the number of hybrid cars on the road.

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 |  Mar 08 2012, 1:45 PM

With the EV-Everywhere initiative, President Obama is looking to spur the creative minds of business men, engineers and scientists across the country to make electric vehicles more affordable to own and drive in the next 10 years.

One of the biggest challenges pressing car makers and buyers today is the price of gas. President Obama’s latest EV pushing strategy is meant to help the American public from having to rely on gas powered vehicles. The goal of the project is to have 5-passenger affordable American electric vehicles that will pay themselves off in five years or less and be capable of getting the average American to and from work without worrying about range. Obama said he would like to see these five vehicles on the road by the year 2022.

“The EV-Everywhere Challenge is focused on advancing electric vehicle technologies and continuing to reduce costs, so that a decade from now, electric vehicles will be more affordable and convenient to own than today’s gasoline-powered vehicles,” Secretary Chu said yesterday at an event at a Daimler Truck factory in Mt. Holly, N.C.

The initiative will bring together the ideas from several offices at the Department of Energy and aims to find ways to bring down costs of the various parts of electric vehicles.

This process will involve reaching out to Universities, laboratories and businesses. Additionally, to recruit more bright minds, workshops called EVerywhere will take place across the country in the next few months.

The EV-Everywhere challenge is the second challenge issued by the Department of Energy as part of their “Grand Challenges” model. Their last challenge involved finding a way to make solar power directly cost-competitive with electricity from fossil fuels by the end of the decade. More challenges are expected over the next few months to find better ways to harness clean energy.