Posted on 05/23/2013 4:55:05 PM PDT by jazusamo
Government Failure: Two years ago the president announced his goal of putting 1 million electric cars on U.S. roads by 2015. Did he mention that to reach that target the unpopular cars might have to be given away?
The market for electric cars is so weak that consumer costs are approaching almost nothing. The Wall Street Journal reported Wednesday that in order to "spark buyers for electric cars," there is a need to "drop the price to nearly $0."
"A new round of discount leases on mainstream-brand plug-in cars such as the Nissan Leaf or Fiat 500e, combined with federal, state and local electric-vehicle incentives, could make a battery-electric car an extraordinarily economical way to get around for drivers," reports the Journal.
The favoritism that government shows to electric cars should offend any fair-minded and decent person.
Despite taxpayer money already wasted on forcing a technology that's not ready, President Obama last month proposed raising the Energy Department's vehicle research budget by 75% — adding $575 million in spending. He also wants to raise the federal tax credit for buying an electric car from $7,500 to $10,000.
(Excerpt) Read more at news.investors.com ...
Reminds me of my liberal friend who said we would be flying planes, moving tankers and hauling rolling stock all with solar powered transportation within 8 years! LOL.
2014 Volkswagen XL1, The 261-MPG Car, Debuts
http://www.motorauthority.com/news/1082472_2014-volkswagen-xl1-the-261-mpg-car-debuts
I used to think this until I saw the new Tesla model S!
I am literally drooling over it.
Ha! Sure sounds like a lib.
They give everything else away, why not cars too?
Yes he is a straight up huffposter salon guy and he gets so offended when I laugh at him.
Doubt I’d have any use for one even if free.
Yep, I read that yesterday, sounds good but I’ll wait for the actual reports after release.
Bookmark
An odd editorial. At the end of 2012 there were 50,000 or so electric cars on the road.
So far in 2013, Tesla has sold 21,000 more electrics and BMW is rolling out the iDrive or the i8 electric.
Honda sells a compressed natural gas car retail, too.
The net effect is that U.S. drivers have options in retail stores today if OPEC ever tried to embargo oil again.
A second oil embargo would no longer work.
I would consider an electric car, at a reasonable price. There is no price at which I would accept a GM product, Volt or otherwise. I am boycotting that disgustingly corrupt company forever.
In fact electric cars makes perfect sense for urban commute in mild climate (if there’s no need to use a/c or heating).
http://www.consumerreports.org/cro/magazine/2013/07/tesla-model-s-review/index.htm
Yep, but the price tag is humongous.
Also, the editorial completely botches the Toyota Prius sales stats. As of March 2013, a total of 2.93 million Prius hybrids have been sold worldwide.
Cumulative sales of 1 million Prius hybrids were achieved in the U.S. by early April 2011.
They pulled it for some reason.
Yeah, but Hollywood and the Hamptons like them.
Thanks, I was unaware it was pulled.
“A second oil embargo would no longer work.”
Because between Canada and the Domestic oil production, we could get along without the middle east oil.
They know it. They won’t try another embargo, ever.
Alternative power for vehicles has nothing to do with it.
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