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In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. President Obama. President Obama. Earlier post.). Earlier post.). We have no intention of running GM.
A new national poll of likely voters conducted by the Mellman Group found that 74% of likely voters favor having “ the federal government require the autoindustry to increase average fuel efficiency…to 60 miles per gallon by the year 2025.” Overall, 51% of respondents view Obama favorably, 44% unfavorably.
The four-door Nissan Leaf will go on sale later this year at a cost of about $20,000 after a federal tax credit and state rebate, a price low enough that autoindustry analysts say it will attract consumers who have never considered driving electric vehicles before. “It’s like charging your cell phone.&#.
A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the autoindustry, federal government, the scientific community, and consumers—to be realized.
The duo created a lithium-ion battery with lower voltage but also lower cost and greater safety. Twenty-five years later, the battery is gaining momentum in the autoindustry as a means of reducing the cost of electric cars. National Medal of Science from President Barack Obama.
I’m not against that and we should be exploring it but there are a lot of challenges—the primary one being the cost of these vehicles and there are infrastructure issues as well ,” cautioned Heywood. Even without the operational issues there is still the matter of scale. Corporate Average Fuel Efficiency (CAFE) challenge.
However, its overall merits are open for debate after a study by UC Davis transportation economist Christopher Knittel questioned the implied costs of reducing greenhouse gas emissions. His analysis found that the programme is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario.
Order a reprint of this article now APRIL 7, 2009 GM, Segway to Make Vehicle Article Video Comments more in AutoIndustry News » Email Printer Friendly Share: Yahoo Buzz facebook MySpace LinkedIn Digg del.icio.us Obama Tilts to CIA on Memos 1. Obama Calls for Simpler Tax Code 185 comments 2. Senator Al Franken?
Here we are four months later: GM is teetering on the brink of bankruptcy , and its turnaround plan — which gave the Chevy Volt a central role – has gotten a less-than-rave review from the Obama administration.
Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. Supporters of the car say that’s shortsighted. and Chrysler. Whatever B.C.G.’s
Early Days in the Obama Administration An Address I'd Like to Hear Global Warming Solutions Included in Transportatio. Annual use of an EV should be less than the average cost of $8,000 per year for using a gasoline in many countries including the USA. Intelligent Charging Infrastructure for New Electr. Here we go again.or
It is simply the cost of doing business. "On some products, the costs, particularly in advanced technologies, are high," he said in a lengthy interview with Automotive News (free subscription required). The Obama Administration doesnt understand that. " President Obamasauto task force doesnt see it that way.
It also said it had suspended merger talks with Chrysler to focus on its own increasingly urgent problems, brought on by higher gas prices, a weakening economy and tight credit — a combination afflicting the entire autoindustry, but hurting G.M. The government faces a difficult choice. If it provides G.M.
But Fain has said the Blue Oval’s proposed cost-of-living adjustments were unacceptable, adding that the possibility of a strike remains very real for all automakers. While negotiations continue, the industry only has until September 14th to settle things with the UAW.
But he has also claimed that he is “all for electric cars” and during his 2020 campaign, he tried to take credit for incentives put in place during the Obama administration. A strong market helps a strong industry. You don’t want to be the last country with a strong fossil fuel industry. He went as far as calling them a “hoax”.
But the AAI is arguing that the EPA’s terms "cannot be met without substantially increasing the cost of all vehicles, reducing consumer choice and disadvantaging major portions of the U.S. Ironically, this was the same thing said by the Trump administration when it attempted to scale back Obama-era emissions requirements deemed untenable.
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