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

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Toyota Eq ev

Are we about to witness the death 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 auto industry analyst Omotoso’s comment that it like they’re finally realistic about the EV market.

But the biggest blow to the outlook for the EV came from Toyota. the automaker that has for a decade the industry leader with its line of gas-electric hybrids.

Two ago, Toyota confidently it would be selling several all-electric eQ minicars by now. all changed yesterday, according to the Post :

“’Two years there are many difficulties,’ Uchiyamada, Toyota’s vice and the engineer who oversees vehicle told reporters on Monday.

Toyota Eq ev

By dropping plans for a second vehicle in its line-up, Toyota more doubt on an alternative to the engine that has been lauded for its oil-saving potential and for its heavy reliance on government in key markets like the United

“’The current capabilities of vehicles do not meet society’s whether it may be the distance the cars can or the costs, or how it takes a long to charge,’ said, Uchiyamada, who Toyota’s development of the Prius 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. consumers aren’t the Volts or Leafs, even heavy tax credits from constant encouragement from academic and entertainment industry and millions of dollars in broadcast, and Internet advertising and market

How much longer until the EV are finally forced to admit sole hope of ever legions of Americans behind the of politically correct green requires the brute force of edicts?

Toyota Eq ev
Toyota Eq ev
Toyota Eq ev

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