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It announced a $4.6 billion investment in electric alternatives during a 2022 investor presentation with the goal of having hybrid and fully electric vehicles make up 60% of their portfolio by 2026.
Ferrari won't have its first fully electric model ready until after 2025 as the battery technology requires more development, Chief Executive Louis Camilleri said, pushing back expectations.
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The Obama Administration finalized a new regulation that would require commercial trucks, vans, and buses produced in the years 2014–2018 to be tested for national fuel economy and greenhouse gas emission standards. Barack Obama has also made investments to manufacture efficient batteries for hybrid and electric vehicles.
George H. W. Bush did not regularly record a weekly radio address; he recorded only a total of 18 addresses during his term in office, most toward the latter part. [ 8 ] [ 9 ] [ 10 ] Bill Clinton regularly recorded a weekly radio address, often going over ten minutes with some speeches early in his term.
The company's plan also called for the introduction of a Dodge Ram hybrid in 2010, along with the company's first electric-drive vehicle. Chrysler also planned to offer three additional electric-drive vehicles by 2013. And like GM, Chrysler planned to make half of its fleet flex-fuel capable by 2012. The company sought a bridge loan of $7 billion.
The company has a first-ever SUV on the way, the Purosangue, as well as a plug-in hybrid supercar, the SF90 Stradale.
The event hosted by A+E Networks’ History Channel featured Q&As with President Barack Obama, who engaged playfully with Malcolm Gladwell, and President George W. Bush and first lady Laura Bush.