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Lauren Fix, with the Quick Car Coach Opinion Minute - September 3, 2013

114 views · Published 3 September 2013 · 0:54 · Indexed 12 November 2026

Channel: Car Coach Reports · 2013 · News & Politics

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Lauren Fix, with the Quick Car Coach Opinion Minute

Who does DoE think they are fooling? Earlier this year DoE announced that they were not going to give anymore monies out under the Advanced Technology Vehicles Manufacturing (ATVM) loan program. And we were happy. But a new report from Bloomberg says that DoE is planning to advertise the program and hopefully get more takers for the $15 billion dollars left in the program. http://green.autoblog.com/2013/08/28/doe-restarting-atvm-loan-program-famous-for-backing-tesla-fiske/

Come on.  Really?  With the exception of Tesla, this plan has been a colossal failure.  Why does DoE think handing out more money is a great idea? Just because the money is there doesn't mean it needs to be used on green cars.  DoE should give the money back to Congress and let it be re-invested in education or infrastructure. And what happened to the sequestration? How come this program didn't face cuts,

Yes, it is true, that Tesla's triumph is spectacular. Ford and Nissan both have had some success with their advanced cars, but their success is mixed.  While Ford and Nissan obviously haven't gone under, Ford had to recently dial down its mileage claims on the C-Max, and while the Leaf isn't too shabby,  EV sales just aren't what they should be for the cost and rebates offered.

How far would $15 billion dollars go if we funded public education or our dilapidating infrastructure?  Pretty far, I think.  A lot farther than if we—I say we because it is our money, after all—give the money to endeavors that have a track record of abject failure. If nothing else, since neither Blue nor Red can agree on much of anything these days, let's just apply this to our staggering deficit.

The fact of the matter is the American public as a whole is not interested in advanced technology vehicles.  Not at a level that warrants giving away tax money, anyway. Let newer companies fend for themselves if they want to research and produce a better vehicle. Why do we have to pay for it?

But I want to hear from you.  What are your thoughts?

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