Another Obama Admin "Green Job" Company Goes Bankrupt By ManBearPigHunter on October 16, 2012 in GREENgate Fox News reports that another company, A123 recieved energy stimulus from the Obama administration, has declared bankruptcy. Global warming
Nobody is buying electric cars! And I contend that the reasons that nobody is buying them are the exact same reasons no one wanted them 180 years ago. You know, they are perfect if you drive less than 40 miles a day. But there is virtually no one that drives less than 40 miles a day. Not enough to create a large market for them anyway. I have not seen any figures but I bet that the percentage of the population that is interested in buying an EV is probably less than 1%. In my book that is hardly worth drawing one on a drafting table, let alone building a large number of them.
Nevermind that they are also fiscally untenable. GM loses somewhere around $46k PER VEHICLE………which means the taxpayers eat about $46k per vehicle. Add to that the battery factory that we paid for is being sold to the Chinese, and the net pollution from each Volt from raw materials to completion is FAR BEYOND even a Hummer.
But hypocracy and actual facts and reality have no place in furthering the Agenda.
Wow. That is right on the money. It’s all a pipe dream.
The green agenda is failing big time. The retrospect of history is availing itself. The Leftists think they have a stranglehod on objectivity, but can they really say that given the complete failure to examine the lessons of the past? 180 years ago electric vehicles were in direct competition with ICE (Internal combustion engine) driven vehicles, and they lost. Why? Well, there are specific reasons why they lost. And those reasons have not changed to any discernable degree in the intervening years.
A. Range. B. Charging time. C. Time is money. That is reality to anyone that operates a vehicle for purposes other than feeling good about pleasing Guia, the living planetiod.
Disgusting waste of money. No one is buying these cars because no one has the money for a battery operated vehicle, we are middle class and have a 1997 and a 1998 car, our family could not all fit in one of these death traps.