Tag Archives: green cars

More Than Half Of Green Car Companies Receiving Stimulus Subsidies Have Failed

More Than Half Of Green Car Companies Receiving Stimulus Subsidies Have Failed

Your tax dollars, hard at work: Of the 18 existing or would-be carmakers we identified as having applied for loans under the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing program, 10 have since faded into bankruptcy or ceased operations. Numerous car companies, startups and parts manufacturers have applied for the loans since the program

Obama Administration Backs Away From Promise For 1 Million Electric Cars On The Road

During his 2011 State of the Union address, President invoked the history of Apollo moon missions in setting a goal to get 1 million electric vehicles on the road by 2015. Now, just two years later, with sales of electric cars limp the Obama administration is backing off that goal: Under a new strategy announced

Auto Markets Trump Government Central Planning

Our federal government has invested a lot of money, and passed a lot of laws, to promote so-called “green” vehicles that run on biofuels or electricity. But, if the Detroit Auto Show is any indication, all that investment hasn’t resulted in those vehicles getting traction in the market: From sport utes to sports cars to

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