# News Electric vehicles to pay for detroit bailout?

1. Nov 29, 2008

An article by the boss of Tesla motors asking that the $25Bn promised in september for advanced technology transport research doesn't just get switched to paying for Detroit's corporate jets. http://www.teslamotors.com/blog2/?p=66 I imagine some people here might have an opinion. 2. Nov 29, 2008 ### LURCH I am glad the Big Three bigwigs got slapped down for their extravagance, and I'm glad that congress wants a plan showing what they intend to do with the money before they just give it away. It does put them in the bizzar position (as Democrats) of opposing unions, but the current brutal reality has shown that the extravagance of the unions can no longer be supported, either. As for EV's, I don't think much additional motivating is needed; Chevy knows that the Volt is the best chance they have to survive. And their competitors will soon see the same light. I wonder if Congress will cut back on their use of corperate jets? 3. Nov 29, 2008 ### cronxeh They should just let them go into chapter 11, merge, and come out as a new company that only has 4 models - an off road Jeep-Escalade-Pickup hybrid, a sports car, a hybrid-electric-flexfuel sedan, and some kind of a minivan. Enough of those combinatorial crap cars that equally suck in the same lineup and have no additional advantage. Let them fail before the country goes bankrupt bailing others out, we'll end up like Iceland at this rate 4. Nov 29, 2008 ### WarPhalange We can also limit it to 2 paint colors: black and red. 5. Nov 29, 2008 ### Proton Soup wow, and i bet it will be just as successful as other communist cars. just imagine the newfound demand for spare parts and repair technicians. this could be the biggest thing since the .com bubble. 6. Nov 29, 2008 ### mgb_phys 7. Nov 30, 2008 ### Proton Soup you think it isn't a rich man's toy? 8. Nov 30, 2008 ### mheslep I don't know about four between the three, but GM alone has a couple dozen models and that is no doubt one of the major problems. 9. Nov 30, 2008 ### LURCH I really hope they don't merge. Competition is a necessary part of the free market aconomy; we can't let anyone gain a monopoly. Yes, the Tesla is a$100,000 novelty item for the rich and bored, but the Volt is a $35,000 "real" car for getting to and from work. I believe it could turn things around, if Chevy can stay in business long enough. The full-scale release isn't 'till 2012, and it would take about a year for sales to make a difference. Stocks, on the other hand, could go up immediately, as they depend solely on what people think is about to happen. 10. Nov 30, 2008 ### Greg Bernhardt ### Staff: Admin Personally I'm not buying a$35k car to get to and from work. I paid $28k for a top end honda accord and now I feel that was a huge waste of money. Next car I get will be a bottom barrel Civic. 11. Nov 30, 2008 ### mgb_phys It's probably a sensible market to go after for a new product. Instead of trying to build a cheap electric car for the masses (anyone remember the Sinclair C5?) prove the critics wrong, build one with a healthy profit margin and cash-in. Let Honda/Toyota/VW build the cheap ones. 12. Nov 30, 2008 ### Proton Soup i think natural gas vehicles would be a better investment at this point than electrics. but that's more of an "infrastructure" type investment. GM already knows how to make them, people just need a convenient system for refueling. 13. Nov 30, 2008 ### mgb_phys There already is a convenient system, most filling stations in Europe have LPG filling. The main difficulty with natural gas is that it all seems to be under the same countries as the oil. 14. Nov 30, 2008 ### russ_watters ### Staff: Mentor What I see implies to me that the Volt is an improperly conceived attempt to bridge two markets that should be kept separate. They should be making a low-end (say,$16k) two-door plug-in hybrid (or even pure electric) that falls into the same class as the Civic, Mazda3, etc. That's the kind of car that a plug-in hybrid should be. A commuter car. A general-purpose, full-sized family car/luxury sedan doesn't get anywhere near as much benefit from being a plug-in because it will be driven further and the extra cost of such components on a full-sized car just amplifies the problem.

15. Nov 30, 2008

### Proton Soup

they seem to have the lion's share, but it'll still take some of the demand off of petroleum.

http://www.naturalgas.org/overview/resources.asp [Broken]

Last edited by a moderator: May 3, 2017
16. Nov 30, 2008