Are we about to witness the … of the EV? — National Cars |

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Toyota Eq ev

Are we about to witness the … of the EV?

25, 2012

There is no end to the bad news for of the Electric Vehicle (EV).

For The Washington Examiner’s Richard reports today that Electrics — recipient of $32 in economic stimulus funds the Department of Energy to build delivery trucks — a very tough financial after canceling its $75 million Public Offering (IPO) week.

Pollock quotes a workout expert who notes the between what is happening now to and the final days of Solyndra the California-based solar company for bankruptcy.

The Smith story comes on the heels of an announcement from Motors that it is slashing and production estimates for 2012.

to the San Jose Mercury News and a filing with the U.S. and Exchange Commission (SEC), the which received nearly a billion tax dollars in a DOE loan years ago, now expects to no more than 3,000 S vehicles in the fourth quarter, substantially from its previous of 5,000 vehicles.

The SJMN quoted auto analyst Mike Omotoso’s that it looks like finally getting realistic the EV market.

But the biggest blow to the for the EV market came from the Japanese automaker that has for a been the industry leader its Prius line of gas-electric

Two years ago, Toyota predicted it would be selling thousand all-electric eQ minicars by That all changed yesterday, to the Financial Post :

“’Two years later, are many difficulties,’ Takeshi Toyota’s vice chairman and the who oversees vehicle development, reporters on Monday.

Toyota Eq ev

By dropping for a second electric vehicle in its Toyota cast more on an alternative to the combustion engine has been both lauded for its potential and criticised for its heavy on government subsidies in key markets the United States.

“’The capabilities of electric vehicles do not society’s needs, whether it may be the the cars can run, or the costs, or how it a long time to charge,’ Uchiyamada, who spearheaded Toyota’s of the Prius hybrid in the 1990s.

All of these developments come as and Nissan continue to struggle to ways of moving sufficient of their Volt and Leaf out of dealer showrooms to justify production lines available, if not actually moving.

The basic remains today what it has since the dawn of the automotive age Electric batteries simply store sufficient power for enough periods to make EVs with gas-powered rivals in of customer convenience, comfort and

The U.S. government and the world’s automakers here, in Asia and have spent billions of trying to find batteries to do the job but without success.

And U.S. aren’t buying the Volts or even with heavy tax from Washington, constant from media, academic and industry elites, and millions of in broadcast, print and Internet and market campaigns.

How much until the EV nannies are finally to admit their sole of ever seeing legions of behind the wheel of politically green vehicles requires the force of government edicts?

Toyota Eq ev
Toyota Eq ev
Toyota Eq ev

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