Ford's Mark Fields calls for government aid in PHEV development
It is not that hard folks:According to Ford's President of the Americas, Mark Fields, plug-in hybrid vehicles need to be a "national priority" and the United States government should be offering assistance for their development. Fields goes on to say that the governments of competing nations are funding the development of the technology needed to introduce PHEVs, especially batteries.
As it stands, most hybrid batteries are produced in factories overseas by companies outside the U.S. If this trend continues, Fields suggests that a continued purchase of these batteries would merely be shifting our foreign dependence on oil to a foreign dependence on batteries. For this reason, the Ford executive calls on increased funding from Washington for high-tech batteries as well as tax breaks and incentives in order to give consumers additional reason to purchase the fuel-saving technology.
1. Congress passes a law that exempt from income tax U.S. companies that develop or manufacture batteries for PHEVs (conglomerates would have to set up subsidiaries).
2. States pass laws that exempt from real estate tax land used for the development or manufacture of batteries for PHEV.
3. States with "university corridors" (such as Michigan's Ann Arbor to Lansing, or North Carolina's Durham to Chapel Hill) establish dedicated research centers and offer free land adjacent to those centers for manufacturing plants.
4. Federal government makes available grants and interest free loans.