“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.
Thanks to Chief Justice John Roberts' outrageous Obamacare decision, though, it would seem the federal government has the legal right to command you to buy electric vehicles. So we got that goin' for us.
Hat tip: BadBlue Car News.