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President Obama on Leno on Hybrid Vehicles

Posted on March 20, 2009
Filed Under Government, Industry News | Leave a Comment

Obama 2008President Obama went on Leno last night and spoke about hybrid vehicles.

Leno referenced the fact that Obama recently visited a plug-in hybrid factory. Obama spoke excitedly about the new hybrid vehicle technology and went on to say that the government would be investing billions into research and development in this field.

Here’s the transcript from this segment of President Obama on Leno:

LENO: Now, you mentioned cars a minute ago. You went to the electric car, you went to look at some batteries today.

OBAMA: I did. It’s spectacular what is being down now with plug-in hybrids, where not only are you getting the hybrid technology, but now you can plug it in at home in your garage. And potentially we could see cars getting 150 miles to a gallon of gas.

And when you get home you could potentially sell the energy in your car back into the grid, back to your utility and get money.

So we’re going to be investing billions of dollars in research and development around these technologies. I know that you were mentioning you’ve got a hydrogen car –-

LENO: I’ve got the GM hydrogen car. That’s a whole new –

OBAMA: That’s a whole new level of technology. That’s what’s going to create the auto industry of the future. That’s where we’re going to win back manufacturing. But right now we’re behind.

These batteries are being made in Japan –- just like wind power is being made in Europe. We need to bring that here, and that’s part of what my budget and part of what our Recovery Act is all about.

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