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"In a test conducted Wednesday by Consumer Reports magazine, the niche-market $107,850 sports car conked out completely, after a short ride at 65 miles per hour on a Connecticut test track...In September 2009, Chu announced a $528.7 million loan guarantee for Fisker, specifically to develop its two plug-in hybrid cars."
Another electric car that got a $465 million loan guaranty courtesy of the Obama administration is going to cost you $109,000 if you want one.
Hey..the government, yet once again, shows that it just cannot pick "winners".
Now if this is a portend into the future, and I follow the mantra of "never let a good crisis to go waste" then I should start horse breeding..good quarter horses and maybe invest in "retro" style covered wagons
My mode of transportation won't cost you over $100K though and no government subsidies.
No gas either..just a few bales of hay and access to water.
When did Obama get to thinking he was the Henry Ford of our times?
I'm thinking he should be working on those electric hybrid tractor trailers so you know, the big boys can get their food and other products to market, cheaply (wink, wink) on clean energy.
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,389,283 times
Reputation: 40736
Quote:
Originally Posted by EinsteinsGhost
Its a "test run" for good reasons. Do people need to be educated about that too? Looks like it.
Nothing to look at here, just a new generation of the same folks who were telling Wilbur & Orville to give up this silly flying business, go back to your bicycles.
Besides, I take anything Consumer Reports says with a shaker of salt. They once panned an underdash 45RPM record player (remember those?) because it wouldn't play upside down.
And I'd lay odds we don't see these folks whose only goal is bashing Obama whining when their tax dollars are spent with military contractors who also produce test vehicles which fail at times.
Bring diesel cars here for crying out loud! They get as good mileage as hybrids without the hidden costs of the batteries and electric motor, and last longer! Practically half the cars I hear idling at red lights here in southeast England have a diesel engine in it that get in excess of 40mpg on the highway, hardly any hybrid cars over here, and the engines are quiet!
This Ford Mondeo (European equivalent of Ford Taurus) diesel engine with an automatic transmission gets a combined (highway and city combined) 50.4mpg (UK)/41.9mpg (US). Why bother with stupid complicated hybrids when you can have this with engine technology already proven to be RELIABLE?
Don't you guys read the articles before commenting on them?
It was a CONSUMER REPORTS TEST. The car isn't a prototype; it's a production model.
“We have owned our car for just a few days; it has less than 200 miles on its odometer … We buy about 80 cars a year and this is the first time in memory that we have had a car that is undriveable before it has finished our check-in process.”
“It is a little disconcerting that you pay that amount of money for a car and it lasts basically 180 miles before going wrong,” Champion said.
Last month, with the memory of the Solyndra loan-guarantee scandal still fresh, the U.S. government froze Fisker’s access to the loan funds, citing the company’s failure to meet intermediate milestones.
“They won’t release any more money, given where they’re at with the programs,” company spokesman Roger Ormisher told Bloomberg News on Feb. 7
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Hmm...
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