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President Obama announced a $2.4 billion boost for electronic car development today, while predicting that there will be more than a million plug-in hybrid cars on the road within six years.

This is not only wonderful for the environment, but will hopefully put us neck-and-neck with foreign nations in the race to lead the world in renewable energy.

Furthermore, this would create tens of thousands of US jobs and reduce reliance on foreign oil.

Within this stimulus, Obama has set a target of having a million environmentally friendly vehicles on American roads by 2015 and would further give a $7,500 tax credit to anyone that buys a hybrid vehicles in the future!

Click here to read more details.