Electric Cars – Toyota Kills Off The eQ
The Electric Vehicle (EV) has been another spectacular and very expensive Green failure, like the renewable energies of wind and solar, EV’s require huge tax payer funded subsidies to even make them faintly attractive to consumers.
In the US the Chevy Volt, which is sold in Britain as the Vauxhall Ampera, has been a huge failure both in terms of sales and economically for General Motors, Reuters estimate that General Motors are losing US$ 49000 on each Volt they sell, though General Motors contest this figure. One thing is for sure however, General Motors spent over US$ 1bn developing the Volt and total US sales for 2011 were 7700 cars, a good way short of the target of 10000 cars.
In both Britain and the US EVs are subsidised with taxpayers money in Britain subsidising each EV to the tune of £5000, and in the US $7500, but even with the taxpayer funded subsidies EV’s still do not sell:
Who killed the electric car? This time round, Toyota did. It said today it will not release its proposed mass-market mini e-car, the eQ. The reason: there’s no demand for it, not while battery technology is failing to provide comparable range to a tank of petrol.
“The current capabilities of electric vehicles do not meet society’s needs,” said Toyota vice-chairman, Takeshi Uchiyamada, Reuters reports, “whether it’s the distance the cars can run, or the costs, or how it takes a long time to charge.”
All that now remains to be seen is how many of the other manufacturers like BMW and Renault that have EVs in the pipeline follow Toyotas lead and back away from yet another unworkable idea for the Brave New Green CO2 free World.
Posted on September 25, 2012, in Anthropogenic Global Warming, Church Of Climatology, Climate Change, Electric Cars, Global Warming, Green Jobs Lie, Green Lies, Green Taxation and tagged Another Green failure, Toyota eQ. Bookmark the permalink. 9 Comments.