POMONA (California) - PRESIDENT Barack Obama on Thursday unveiled a US$2.4 billion (S$3.6 billion) boost for electric vehicle development, vowing to compete with foreign nations in the race to be world leader on renewable energy.
'We can let the jobs of tomorrow be created abroad or we can create them here in America and lay the foundation for lasting prosperity,' Mr Obama said on the second day of a campaign-style swing in California.