EV Cars Tax Credit Increase Proposed, Are EV Cars a Solution to the Future?

In an effort to increase the amount of electric vehicles on the road, the Obama Administration announced it would like to increase the current tax credit for EV cars from $7,500 to $10,000.

An article by the Detroit Free Press states President Obama would like to see "...1 million advanced-technology vehicles on U.S. Roads by 2015."  The proposal also includes a recommendation for increasing staff members to continue loans for advanced vehicle manufacturing.  There was no word on how much the tax credit would affect the government's budget.