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The Twenty Percent President on the Chevy Volt
Townhall.com Finance ^ | August 18, 2013 | Political Calculations

Posted on 08/18/2013 11:08:35 AM PDT by jazusamo

According to the carefully crafted plan of the Obama administration, there would be one million electric cars cruising around America's streets and highways by 2015. According to the plan, almost half of those vehicles would be Chevrolet Volts.

So how well are President Obama's industrial policy plans working out in the real world?

The easiest way to find out is to count up the number of Chevrolet Volt sales over time. Electric vehicle industry observer InsideEVs provides a monthly scorecard of the number of sales recorded for each primarily electricity-powered automobile in the U.S., from which we extracted the data for GM's Chevrolet Volt and visualized in the following chart:

Chart at source.

Through July 2013, we find that GM has sold a total of 43,111 Chevrolet Volts, which is about 161,889 vehicles short of the number that would need to be sold through this point of time to meet President Obama's planned sales total of 495,000 for these vehicles by 2015. That shortfall might help explain why GM has recently moved to mark down their recommended sale price for the Chevy Volt by $5,000.

Considering all of the primarily electricity-powered vehicles listed on InsideEVs monthly sales scorecard, through July 2013, some 117,788 electric vehicles have been sold in the United States. To reach President Obama's target of 1,000,000 electric automobiles sold by the end of 2015, some 882,212 more electric cars will have to be sold by December 2015.

That means that the number of sales of electric automobiles from August 2013 through December 2015 will have to average 30,421 per month between now and then. Through July 2013, the rolling twelve-month average for electric vehicle sales is 6,689 per month, a difference of 23,732 sales per month, which is about 78% below the average pace needed to hit President Obama's planned goal of having one million electric cars on the road by that time.

At present, the rolling twelve month average of Chevy Volt sales is nearly 80% below President Obama's planned average figure of 10,000 per month.

Put another way, there would appear to be an eighty percent difference between what President Obama promises and the reality of what he delivers.

And that would make Barack Obama the twenty percent President.

Update 16 August 2013 : Writing at Innocent Bystanders, Geoff notes that we should have included one more graph in our analysis, which he has been kind enough to create: a comparison of President Obama's projected cumulative number of Chevy Volts that were supposed to be sold, and harsh reality:

Thanks Geoff!

References

U.S. Department of Energy. One Million Electric Vehicles by 2015, February 2011 Status Report . February 2011.

InsideEVs. Monthly Plug-In Sales Scorecard. Accessed 10 August 2013.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: chevyvolt; electricvehicles; gm; greenenergy; obama; subsidies; taxcredit
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And that would make Barack Obama the twenty percent President.

20% is great compared to the rest of his policies which are closer to 0%.

1 posted on 08/18/2013 11:08:35 AM PDT by jazusamo
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To: jazusamo

Jazusamo and Kaslin, posting the same post one after the other...

Wow.


2 posted on 08/18/2013 11:10:07 AM PDT by Cringing Negativism Network
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To: jazusamo

...so what happens when all the coal fired electric power stations are closed down and the price of electricity skyrockets.....?


3 posted on 08/18/2013 11:11:20 AM PDT by spokeshave (While zero plays silly card games like Spades - Putin plays for keeps.)
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To: jazusamo
no mention of how many are bought by the government...
4 posted on 08/18/2013 11:12:50 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: jazusamo

Obama is an idiot.


5 posted on 08/18/2013 11:22:03 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: jazusamo

Obama is an idiot.


6 posted on 08/18/2013 11:22:08 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: spokeshave

True...There’s also a huge difference in the MPG rating depending on how many miles are driven over the all electric range of around 32 miles.


7 posted on 08/18/2013 11:23:07 AM PDT by jazusamo ("I am so old that I can remember when most of the people promoting race hate were white." T. Sowell)
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To: Chode

Right on...Many have been purchased by the feds, the military, state, county and local governments. It doesn’t mention the number that have been leased on the 2 year subsidized leases by Ally Financial, formerly GMAC.


8 posted on 08/18/2013 11:27:02 AM PDT by jazusamo ("I am so old that I can remember when most of the people promoting race hate were white." T. Sowell)
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To: jazusamo
According to the carefully crafted plan of the Obama administration, there would be one million electric cars cruising around America's streets and highways by 2015.

The socialists neglected to account for demand (or the lack thereof). Their erroneous estimates are based on their willingness to spend other people's money on these cars. Yet when it comes down to the real world principle of spending one's own money, the demand simply isn't there.

9 posted on 08/18/2013 11:28:49 AM PDT by Hoodat (BENGHAZI - 4 KILLED, 2 MIA)
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To: jazusamo

10 posted on 08/18/2013 11:29:11 AM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: spokeshave
...so what happens when all the coal fired electric power stations are closed down and the price of electricity skyrockets.....?

Your standard of living falls even further which helps level America's economic playing field with the rest of the world (which of course is Obama's overall goal).

11 posted on 08/18/2013 11:32:40 AM PDT by Hoodat (BENGHAZI - 4 KILLED, 2 MIA)
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To: jazusamo

And of those already sold, how many were purchased by Obama’s government for all his minions??


12 posted on 08/18/2013 11:35:42 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: jazusamo

And of those already sold, how many were purchased by Obama’s government for all his minions??


13 posted on 08/18/2013 11:35:58 AM PDT by elpadre (AfganistaMr Obama said the goal was to "disrupt, dismantle and defeat al-hereQaeda" and its allies.)
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To: jazusamo
those numbers are prolly NOT for public consumption...
14 posted on 08/18/2013 11:38:59 AM PDT by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -ww- NO Pity for the LAZY)
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To: Jim Robinson
Good afternoon. I hope you are doing well.

Have you and John killed the gremlins yet?

Obama is an idiot.

I consider you and Jim Thompson the smartest people on the internet. But, I have to disagree (at my own peril), 0bama knows EXACTLY what he is doing. He is no idiot. And chances are, if he is not stopped America will basically cease to exist.

5.56mm

15 posted on 08/18/2013 11:40:29 AM PDT by M Kehoe
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To: Jim Robinson
Good afternoon. I hope you are doing well.

Have you and John killed the gremlins yet?

Obama is an idiot.

I consider you and Jim Thompson the smartest people on the internet. But, I have to disagree (at my own peril), 0bama knows EXACTLY what he is doing. He is no idiot. And chances are, if he is not stopped America will basically cease to exist.

5.56mm

16 posted on 08/18/2013 11:41:08 AM PDT by M Kehoe
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To: jazusamo

Please bump the Freepathon or click above and donate or become a monthly donor!

17 posted on 08/18/2013 11:46:41 AM PDT by jazusamo ("I am so old that I can remember when most of the people promoting race hate were white." T. Sowell)
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To: M Kehoe

Thanks! John’s still working on the gremlins. But Obama’s an idiot because he actually believes in the communist claptrap he’s pushing. Even Russia and China are giving it up.


18 posted on 08/18/2013 11:52:25 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Jim Robinson; M Kehoe

As he pulls more and more crazy stunts I believe he’s an idiot also.

In my view his handlers do the thinking and prepare scripts for him, when he’s on his own he’s a basket case.


19 posted on 08/18/2013 11:58:17 AM PDT by jazusamo ("I am so old that I can remember when most of the people promoting race hate were white." T. Sowell)
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To: jazusamo

Honey, could you loan me $8,000.00 for a RECONDITIONED battery for the Volt? What??? The battery for our old car only cost fifty bucks!


20 posted on 08/18/2013 12:04:10 PM PDT by faucetman ( Just the facts, ma'am, Just the facts)
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