Obama’s EV Dream May Remain Unfulfilled

February 4, 2011 / No Comments

In his State of the Union address last month, US president Obama said he is aiming to get 1 million electric vehicles on the road by 2015. This goal may never be achieved because automakers are quite uncertain about consumer demand.

plug in car Obama’s EV Dream May Remain Unfulfilled

The finding was by a panel of industry experts, who said the manufacturers’ announced production numbers and consumer demand are both on a low. The study was conducted and funded by the Indiana University.

The study panel was made up of a Ford executive, a federal energy scientist and representatives from an environmental group, academia and an industry research group. Input was also received from Nissan and General Motors who are the major plug-in car manufacturers.

Obama said that with more research and incentives, US can become the first country independent on bio-fuels. As part of this plan the government is already offering incentives of up to $7,500 for plug-in car buyers and invested $2.4 billion for battery and electric-car manufacturing.

But still the Nissan leaf or Chevrolet Volt, first two plug-in cars from major manufacturers to go on sale cost $32,780 and $41,000. Comparatively a similar sized gasoline car would cost only $20,000. The battery range for the Leaf is less than 100 miles and places from where it can be recharged are few and far in between, what’s worse is that a recharge can take up to hours.

But it was good in aiming high and reaching low than to have aimed low and never letting in the technology.

(Via Treehugger)