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It Is Not A Good Idea
To Act As If You Can Not Accomplish
What You Were Elected To Do


Thursday, January 10, 2013

Obama AGAIN insists with $1.4BN LOAN to ***NISSAN*** that profit has nothing to do with product viability

The unbelievable CONTINUES….every penny should go to R&D of reducing cost, size of batteries, and motors, decreasing the power usage of motors, while increasing the power of batteries and motors.
THAT is what will help make electric cars VIABLE AND PROFITABLE.
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 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.
The Leaf will be built alongside the company’s gasoline-powered products.
Nissan says it is the only automaker that manufactures its own electric vehicle batteries, at the biggest lithium-ion automotive battery plant in the United States.
The Leaf’s sales have struggled and the automaker failed to double sales in 2012 as it had predicted and instead sold about the same number as in 2011.
Last year, Nissan sold 9,819 Leaf EVs in the United States — up 1.5 percent over 2011.
The Leaf is not the only struggling electric vehicle. Ford Motor Co. sold just 685 Focus EVs in 2012 — its first full year of sales — even though it has built 1,627, according to a report from Ford last week.
These vehicles are simply TOO EXPENSIVE, lack range, and are unreliable in the cold weather of the northern tier of states since freezing cold REDUCES BATTERY CAPACITY….PHYSICS.
It’s totally ABSURD
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posted by Epaminondas at permanent link#


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