Racist Electric Car Sales Lag Behind the President’s Prediction (Dec 2013) December 10, 2013Posted by geoff in News.
Over the past few days we’ve seen how poorly employment, manufacturing jobs, and exports are doing. Might as well turn our attention to the green economy – another of the key areas of the President’s economic push.
The President famously promised to get 1 million electric vehicles on the road by the end of 2015. Let’s compare Presidential fancy with reality:*
We’re seeing 1/3 of the predicted sales. That’s not too bad for an electric car pilot project. But it’s abysmal for a centerpiece of the President’s green technology initiative, and ineffectual in boosting the economy.
It’s not all the President’s fault – he got his numbers from the DOE, which has absolutely no expertise in predicting commercial sales of anything. But it’s certainly his fault for believing their optimistic swags. A competent or seasoned executive wouldn’t have made that mistake.
*Since we haven’t quite reached the end of the year, I multiplied the 2013 sales through November by 12/11. Next month we’ll have the real data, but I doubt you’ll see a difference.