GEE, WHO COULDA PREDICTED IT? Sales of Electric Vehicles Collapse in January
Never mind that the United States sits on hundreds or thousands of years of fossil fuel supplies. Never mind that. The federal government wants you to drive electric cars. The problem is, you ain’t buyin’ em.
EV sales had shown minor signs of life in the last quarter of 2012, only to collapse sharply in January. “Sales of the Chevrolet Volt, the Toyota Prius Plug-In and Nissan Leaf each had deep dropoffs in January from December,” Reuters says.
“Even after accounting for the fact that January is one of the slowest months of the year for auto sales, the dropoff for plug-in electric cars was considerable,” Michelle Krebs of Edmunds told the wire. According to Krebs, consumers are opting instead for less-expensive standard hybrids, rather than plug-in electric cars. OEMS blame other factors, such as limited supply, model year changeovers, or changeovers from Japanese to U.S. production, as it is the case for the Nissan LEAF. GM says January sales were down for the Volt because people bought before the end of the year to gain the 2012 tax credit. Which may have been the power behind the last quarter rise of the still tiny segment…
Ain’t central planning grand?
I mean, how many billions of dollars did this administration waste on electric cars and batteries when the technology just isn’t ready? When the full history of the Obama green energy program is written (starting with Solyndra, Fisker, A123 Systems, Tesla, etc.), it will make the Teapot Dome Scandal look like a shoplifting incident.
Hat tip: BadBlue Car News.
2013-02-03 14:15:23
Source: http://directorblue.blogspot.com/2013/02/gee-who-coulda-predicted-it-sales-of.html
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