A million by 2015?
With the crap electric cars out there, they will be lucky to have 50,000 out by 2015!
That would also produce whole bunch of brownouts. We don't have the capacity to supply that much electricity.
We would need several more nuclear power plants to be able to handle that much demand.
heres a gift.
OTC:blqn
One government sponsored battery bubble coming your way soon
WTF is so hard to understand about the inefficiency of rechargeable batteries?
Obama hates coal but loves electric cars. Makes no sense whatsoever.
In other word, he's taking taxpayer money to build battery plants in a leftist state full of Obama voters, welfare recipients, and union workers, not to mention Muslims.
No doubt this will be a union-run plant, with minority hiring, astronomical salaries and benefits, and incapable of making a "profit" without continual subsidies.
Just another present to his supporters.
And then to sell these turkeys, there will undoubtedly be a huge tax credit for people who buy them. Financed by the rest of the taxpayers.
Government economy.
Is it true that lithium batteries lose 20% capacity per year?
So a three year old volt will have only 40% of the range of a new one? Why is Obama pushing this thing?
“A Standard (Cobalt) Li-Ion cell that is full most of the time at 25 °C (77 °F) irreversibly loses approximately 20% capacity per year.”
https://secure.wikimedia.org/wikipedia/en/wiki/Lithium-ion_battery#Cell_life
* A program to take 500 to 700 lbs out of a vehicle
* Picking tier suppliers for soup to nuts conversion/ co-production lines of Gaseous Fuel systems for Fleet Vehicles
* A Euro-Focus at a car show, with their latest gen Diesel and extensive underside Aerodynamics. 67 mpg highway if my memory is correct.
These area of pushing the technological envelope are far more common sensical than the hybrid/plug-in paradigm.
The X-Prize "Edison 2" won without a hybrid drivetrain, they couldn't make an engineering case for it....
My Prediction?
In 10 years it maybe the "Super-Light" car vs the Hybrid-Plugin-Electric.
IMHO the Super-Light will win....
Not only that, 0bama is completely against expanding domestic electricity production. Into what are people supposed to plug these stupid cars? Candles?
And just how much gasoline is required to run those planes?
Good luck ENER stockholders.
And Ethanol company PEIX trading down at 45 cents today...
more good luck for PEIX stock holders.