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Overcharged - The Washington Post
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This editorial cites the half a billion dollars in low interest Energy Department loans to Fisker for developing the Fisker Karma as wasteful spending. The Karma has a price of $100,000. It calls the Obama administration's projections of 1 million electric vehicles by 2015 as wildly optimistic. Sales of the Chevy Volt did not reach the 10,000 forecast in 2011 after safety issues. Hybrids, electric-gasoline vehicles and higher fuel efficiency vehicles using new technologies are a larger part of the solution than all electric vehicles for reducing fuel consumption.
The economics of electric cars and high fuel efficiency automobiles compared- 2011-2015
01/09/2010
Pricing of electric cars, hybrids and the price of gasoline. The economic viability of electric, hybrid and high fuel efficiency automobiles.
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Overcharged - The Washington Post
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Overcharged - The Washington Post
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