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TraderZones
 

Registered: Mar 2008
Posts: 5093

 

11-02-09 07:19 PM

Hmm, this isn't the first time Biden put his foot in his mouth...

Biden Spills Beans on Automaker's Full Line of New Vehicles
Wednesday, October 28, 2009
By Gary Gastelu

Vice President Joe Biden, during a visit Tuesday to a Delaware automotive assembly plant, unwittingly revealed startup manufacturer Fisker Automotive's undisclosed plans to produce a full line of plug-in hybrid vehicles at the facility.

Near the end of his speech, Biden asked the crowd of mostly UAW workers, who had worked at the Boxwood Road facility in Wilmington when it was owned by General Motors, to “imagine when this factory, when the floor we’re standing on right now is making 100,000 plug-in hybrid sedan, coupes and crossovers every single year."

Fisker, which is in the process of purchasing the plant, previously said only that it was developing the sedan, to be priced at around $40,000 after state and federal tax credits are taken into account.

In an interview with Foxnews.com after the presentation, company founder and CEO Henrik Fisker confirmed that what Biden said was accurate.

“He definitely told what our product plans are,” Fisker laughed, adding that all of his company's cars are being developed from the start with at least three derivatives in mind.

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aegis
 

Registered: Apr 2009
Posts: 313

 

11-02-09 07:53 PM

These electric cars are bullshit. If/when 100 mpg cars are common-place, do you really believe oil producers won't cut production in order to keep demand artificially high?

In real terms, you'll be no better off than you currently are. You and I simply won't benefit from increased efficiency.

Oh yeah, Biden is a jackass.

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dandxg
 

Registered: Oct 2005
Posts: 2914

 

11-02-09 07:55 PM

I won't pay 40k net for electric. Heck get a Hyundai for 14k that get's good gas mileage. T Boone's idea of natural gas is much better. I guess he didn't contribute enough to give his idea momentum.

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ba1
 

Registered: Oct 2008
Posts: 71

 

11-02-09 08:59 PM

100 mpg causing the Arabs drown in their own oil? I would be more concerned about 500 million new Asian drivers causing availability of cheap energy to shrink.

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ipatent
 

Registered: Oct 2008
Posts: 344

 

11-03-09 01:04 AM

Plug-ins are coming. Now you know why they are banning all the good lightbulbs in a few years, to free up grid capacity for this.

I drive 2 miles a day back and forth to the train station and would be fine with something like this.

Buy copper futures as electric motors use a lot of it. Or just scavenge pennies.

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pitz
 

Registered: Oct 2007
Posts: 198

 

11-03-09 04:15 AM

Ummm, joule for joule, these 'electric cars' are less efficient than petrol (gasoline) vehicles. In other words, if you need "x" amount of energy to power a gas vehicle, you'll need 1.1x to power an 'electric' car.

And quite simply, the infrastructure does not exist to charge them, nor can people afford to buy them when the US vehicle fleet is so relatively modern.

40 grand, get real, most Americans are lucky these days if they can afford food without food stamps.

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