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The electric car mistake

walterbyrd (182728) writes | about a year and a half ago

Government 0

walterbyrd writes "President Obama repeatedly declared that, with enough federal aid, we can put a million electric vehicles on the road by 2015. His administration has invested about $5billion in grants, guaranteed loans — including $465 million for Tesla — and tax incentives to buyers. . . . Federal billions cannot overcome the fact that electric vehicles and plug-in electric hybrids meet few, if any, of real consumers’ needs. Compared with gas-powered cars, they deliver inferior performance at much higher cost. As an American Physical Society symposium on battery research concluded last June: “Despite their many potential advantages, all-electric vehicles will not replace the standard American family car in the foreseeable future.”"
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