After his GM coup rescue, third world dictator president Barack Obama stole gave $50 billion to GM develop an electric car. So far Government Motors has sold a total of 2,700 volts – meaning that each car was subsidized by $18.5 million dollars of taxpayer money.
http://www.weeklystandard.com/
We tax payers had to finance ~$7000 of the cost for each vehicle for the private purchasers, and I would also be curious how many of those 2700 vehicles were purchased by the Federal government for various agencies when a conventional car would have been much more cost effective.
The true cost per unit for the first 10,000 units was $72,000 each. You and I are paying the $35,000.00 difference so that well healed liberals don’t have to pay the real cost of the car. It was a tax break for the rich because the working poor can’t afford a Volt. Knowing that I and other taxpayers have paid for 1/2 the cost of the car, I feel that I have the right to throw raw eggs at Volts. 🙂
& though our Gummint (hallowed be they name, yo) has already paid cash for something North of 8 years of production on these bulgy cat turds, they’ll still require you to cough up the equivalent of three decent, working cars to get one. Sounds like the perfect thing for Obama to drive after we kick his dim little coke-addled head back to Chicago in 2012 (God willing).
Isn’t it ironic that the dumbass in chief wants us to cut electricity use, but pushes an electric car, which would exacerbate the peak load problem. He’s intentionally creating difficulties for the American people.
If electric cars are sold in high numbers, the law of supply and demand will at some point in time, make the price of electricity higher than the price of gasoline per driven mile.
In the latest episode of Top Gear, it was said that charging the Nissan Leaf during the day at top price would cost the same as the petrol cost for a Volkswagen Golf driven the same distance.
Crap product is crap.
If the drive-away cost for a government-developed vehicle is nearly $19 million, can I have an F-16?
Yeah, with a load of JDAMs.
Ïn the early eighties when I was very much into electric cars, I used to say that they were nuclear cars. (A lot of nukes where I live)
Good thing that GM hasn’t unionized, or this would look like cronyism.