Saturday, January 12, 2013

Nissan Motor Company and Electric cars


It keeps getting worse under Obama.

Nissan Motor Co. said it will begin U.S. production of its all-electric Leaf on Thursday in Tennessee as part of a $1.4 billion U.S. government loan. The Japanese automaker won an Energy Department loan in 2010 to build a battery plant in Smyrna, Tenn., and to retool to build the Leaf at its assembly plant next door.

Well, Obama did promise jobs and he did promise change. Who would have guessed that taxpayer money would go to a foreign auto-maker for electric cars and batteries, a business concept that is struggling for a myriad of reasons.

According to Energy Experts blog, during Obama's first run for the White House in 2008, he promised to put 1 million electric vehicles on the road by 2015. Just over 31,000 battery-powered and plug-in electric vehicles have been sold so far, which is a scant 0.28 percent of all vehicles sold in 2012. (Including conventional hybrids, that percentage goes up to 3.38 percent of cars sold in 2012.)

And read about another Obama travesty where losers were rewarded for failed green Obama initiatives.

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