Recovery Act Announcement: Secretary Chu Announces $187 Million to Improve Vehicle Efficiency for Heavy-Duty Trucks and Passenger VehiclesJanuary 11, 2010At an event today in Columbus, Indiana, Secretary Chu announced the selection of nine projects totaling more than $187 million to improve fuel efficiency for heavy-duty trucks and passenger vehicles. The funding includes more than $100 million from the American Recovery and Reinvestment Act, and with a private cost share of 50%, will support nearly $375 million in total research, development, and demonstration projects across the country. The nine winners have stated their projects will create over 500 jobs, primarily researchers, engineers, and managers who will develop these new technologies. By 2015, the projects expect to create over 6,000 jobs—many in manufacturing and assembly. Currently, the transportation sector accounts for 28% of total U.S. energy use. As these vehicle technologies are adopted broadly across the country, they could save more than 100 million gallons of gasoline and diesel per day, and reduce carbon emissions from on-road vehicles by 20% by 2030. |
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