Chairman and Founder of Raser Technologies, Kraig Higginson testified before the U.S. Senate Appropriations Subcommittee on Energy and Water Development at a special hearing on Electric Vehicles In the Light Duty Automotive Sector.
Mr. Higginson’s full testimony can be downloaded here (pdf).
A video of Mr. Higginson’s abbreviated testimony can be found on the Senate Appropriation website. [...]

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Executive Summary
Most of the electricity generated in the United States is used in an electric motor. In U.S. industry, there are more than 13 million motors. [...]