Despite these incidents, Obama has poured federal subsidies on the lithium ion battery industry with mixed results. The first grant was for $249 million under the Obama economic stimulus program in December 2009 to A123 Systems, a lithium ion battery manufacturer.
But A123 Systems filed for bankruptcy last October and has since been bought by a Chinese company.
Obama toured the LG Chen lithium ion battery plant in Holland, Michigan in August 2011. The South Korean company got $151 million in federal subsidies, but it has yet to produce a single battery and furloughed its workers last fall.
Ener1, an Indianapolis-based lithium ion battery maker, received $118.5 million in federal money in 2009, but filed for bankruptcy last year.
The president awarded $529 million to electric car company Fisker, which utilized lithium ion batteries supplied by A123. At least two battery fires have been reported in Fisker vehicles, all of which have been recalled.
Obama issued a $465 million loan guarantee to Tesla Motors. The lithium ion battery in a Tesla reportedly burst into flames last year after not being recharged for a long period of time.
Several high-powered K Street lobbyists are pushing battery powered vehicles, including Tony Podesta, whose brother was President Clinton's chief of staff. Podesta was tapped in 2010 to represent the Electrification Coalition.
The coalition has spent $400,000 lobbying, according to congressional lobbying records. Its membership includes the former chairman of bankrupt Ener1. The Electric Drive Train Association, have spent $840,000 lobbying. Its members include A123, Tesla Motors and Smith Electric.