Geee Posted January 11, 2013 Share Posted January 11, 2013 Investors Business Daily: Government Failure: With $1.4 billion in help from American taxpayers, Nissan has begun assembling its electric vehicle in Tennessee. It had better use some of the money to buy a large parking lot to store all those unsold cars. During Obama's first year in office, he promised to "put 1 million plug-in hybrid vehicles on America's roads by 2015." All the government had to do was spend $5 billion in taxpayers' money. Nissan is willing to be a cooperative partner in the administration's green dream. But then what business wouldn't be if it had been lent $1.4 billion by the federal government? Loan or not, America's highways are not going to be struck by a flood or even modest trickle of electric cars by 2015. Last year Nissan sold a mere 9,819 of its Leaf EVs in the U.S., an increase of 1.5% over 2011. With more than 250 million passenger cars in this country, the Leaf hasn't even reached the status of minor player. Link to comment Share on other sites More sharing options...
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