Car Battery Start-Ups Fizzle

Armed With $1.26 Billion in U.S. Grants, Firms Opened Nine Factories; Jobs and Production Lag Goals

Since 2009, the Obama administration has awarded more than $1 billion to American companies to make advanced batteries for electric vehicles. Halfway to a six-year goal of producing one million electric and plug-in hybrid vehicles, auto makers are barely at 50,000 cars.

WSJ

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9 responses to “Car Battery Start-Ups Fizzle

  1. At least for the foreseeable future, electric and plug-in hybrids are nothing more than very expensive toys for the wealthy and moderately wealthy who have fallen for the CAGW religion. There’s just not going to be much market for them for a long time to come.

  2. Very successful program. Numerous Obama bundlers got their payoff.

  3. William Yarber

    Why buy an all-electric car with limited range (40-60+ mile) when the Prius has proven technology, great mileage, significant range and quick & easy fill up performance. All-electric cars won’t be viable until they have a 200+ mile range and full recharge times under 3 hours. Long way to go. If we get there, then we need a vastly improved electric grid and many more power plants to provide the needed electricity. We’re at least a decade from that potential reality.

    Bill

  4. “We’re at least a decade from that potential reality.”

    We are 300 years from that potential reality. There is no need for electric cars in the current world. They are inferior, as RichW pointed out.

  5. I guess there weren’t enough suckers to fleece supporting that phony market even after Obama paid off his bundlers.

  6. Jonathan Spencer

    Have a coffee break and a good laugh as we say over here. Read this.

    “Revealed: There are more charging points than electric cars in UK as sales slump”

    http://www.dailymail.co.uk/news/article-2086926/Flat-battery-Government-reveals-charging-points-electric-cars-UK-sales-slump.html

    And yet our nutty greenwashed government is, in these straitened times, planning to spend £30million on additional charging points.What’s that? About $19,000 per existing electric car.

    You really could not make it up. I’m still waiting for a Benny Hill type of scenario when four electric cars running low (that is immediately when they turn on both the heating and windscreen wipers, both essential items when driving in the UK) arrive at a three bay charging point at the same time. Who’s going to be the sucker who has to wait three hours at least before he can even put his car on the teat.

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