Obama announces tax breaks, grants for green cars

President Obama used a Wednesday stop in North Carolina, a state he narrowly won in 2008, to call for tax credits and grants aimed at expanding use of alternative-energy vehicles.

His remarks at a Daimler Trucks North America manufacturing plant were his third energy-focused address in as many weeks, reflecting an aggressive White House effort to rebut GOP political attacks over gasoline prices.

Obama proposed a $1 billion “National Community Deployment Challenge” to help 10-15 communities “invest in the necessary infrastructure, remove the regulatory barriers, and create the local incentives to support deployment of advanced vehicles at critical mass.”

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—This event has concluded. Obama spoke Wednesday, March 7 at 12:50 p.m.