What’s ailing the Chevy Volt?
On Friday, GM announced it was halting production of the Chevrolet Volt until April, so as to maintain “proper inventory levels.” Sales of the electric vehicle have been disappointing, with the company missing its target of 10,000 Volts sold last year. Why hasn’t the car caught on?
Might I venture a few answers?
• The Volt has an annoying habit of sometimes blowing up• It's incredibly expensive
• It's a coal-powered car
• It's the result of central planning, as opposed to actual market demands
The whole focus on electric cars is, in my opinion, borderline insane. Battery technologies are decades away from real suitability in automobiles. And, even more concerning, the Obama administration is waging a war on America's electric generation, thanks to an out-of-control EPA:
• GenOn Energy just announced it will be shuttering eight power plants over the next couple of years, taking about 15% of its total generating capacity offline
• Two Chicago-area power plants are slated to close
• Three midwest power plants owned by FirstEnergy will be forced to close
And the list goes on and on and on. Obama's war to de-industrialize America continues apace.
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