Chevy Volt: Epic Fail of the Day
Electric-type cars (consider the Government Motors Chevy
Dolt Volt and its Elon Musk equivalent, the Tesla), both fall under the broad umbrella alternatively known as crony capitalism, rent seeking. and/or legislative capture.
In other words, these vehicles are market failures. There is no broad interest for these vehicles and they can’t compete on cost, utility, value, performance, or anything else.
Evidence? Chevy sold just over 1500 Volts in December while the Ford F-series truck sold over 68,000. Also, GM has a 120-day inventory of Volts waiting to be sold. Just-in-time manufacturing? Please: that’s like GE paying taxes, something for little people and those politically unconnected.
With it’s $7500 per vehicle taxpayer provided subsidy, each Volt sold adds about $3000 to the national debt (assuming the government borrows 40% of its spending), so maybe selling so few units has an actual upside.
As for the Nissan Leaf with its idiotic ads featuring little two-stroke motors on toothbrushes, alarm clocks, and toasters, consider that Wikipedia tells us
The USA consumes about 14% of the world [coal] total, using 90% of it for generation of electricity.
I’m all down with coal (and electricity in general. Way to go early Greeks, William Gilbert, Ben Franklin, Alessandro Volta, and Michael Farraday!), but I’m not sure Nissan would want this fact broadly discussed.
Oh, one other thing. Other Chevy Volt total-cost estimates are even worse. Much worse.