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According to Barack Obama's auto task force, GM's Chevy
Volt will be too expensive to help GM's viability
any time soon. Obviously, if GM is struggling to
survive, it can't afford to make too many Volts if it
can't make any money off of them.
So, how is the US going to fight foreign oil
dependency in the short term?
Recently, Congress enacted tax credits for plug-in
hybrids that strongly favor large battery vehicles,
such as the Chevy
Volt, versus smaller battery plug-in hybrids like
a plug-in Prius. Yet, according to the task force,
these large battery plug-in vehicles are going to be
too expensive to help either GM or America any time
soon. Likewise, some studies
question whether large battery vehicles are even wise
at all.
The point is, doesn't Congress have to do a better job
of incentivizing the fight against foreign oil
dependency? How many more decades of foreign oil
dependency can America (and the world) survive?
Labels: Chevy Volt electric vehicle concept, Foreign Oil Dependency, tax credits
