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Author: ravvt Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 61266  
Subject: Re: Who Killed The Electric Car? Date: 9/13/2012 2:05 PM
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The electric car was killed by the electric car, which isn't a practical or economical vehicle except for a tiny minority.

http://money.cnn.com/2010/11/11/autos/gm_ge_volt/index.htm
GE to buy 25,000 electric cars

NEW YORK (CNNMoney.com) -- GE said on Thursday that it will buy 25,000 electric vehicles for its fleet through 2015 in the "largest-ever" purchase of electric cars.

GE (GE, Fortune 500) will begin with a purchase of 12,000 Chevy Volts from General Motors Co. The purchases will begin in 2011, said GE.


GM Chief Executive Daniel Akerson described the deal with GE as "a marriage made in heaven" for both corporations."

"We're interested in [GE's] watt station, their charging stations," said Akerson. "It dovetails well with this electric vehicle [the Volt] and electric vehicle development across the automobile industry."



… and besides, GE gets a $7500 rebate from the gov’t for every one of these white elephants that they buy…


http://www.breitbart.com/Big-Government/2012/09/10/Chevy-Vol...

Obama Admin to Buy from GM's Struggling Chevy Volt Line
The Obama administration is helping General Motors again by buying up its struggling line of electric cars.


The Department of Defense has begun purchasing Chevrolet Volts to "green up" the military. The DOD plans to buy a total 1,500 vehicles. At the Volt's baseline price of $39,995, that's almost $60 million from taxpayers to the company touted heavily during the Democratic National Convention.

GM loses up to $49,000 on every Volt it builds; it has sold only 13,500 Volts this year, 33.75% of its 40,000 goal; and the assembly plant that makes Volts will be closed for four weeks beginning September 17 due to low sales.



… so we have the gov’t buying 1,500 units & GE buys up to 12,000 units of the 21,000 units built and sold … an amazingly successful gov’t / private enterprise result that liberals can trumpet …
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