EDITORIAL: No jolt from Chevy Volt

Government Motors delivers a dud with electric car

Question of the Day

Is it still considered bad form to talk politics during a social gathering?

View results

President Obama was in Detroit on Friday to promote the Chevy Volt electric car, which is fantastically overpriced and offers underwhelming performance. This is the latest example of government burning billions on green ideas that don’t pay off.

At $41,000, Government Motors‘ new model is only an economy car for limousine liberals. To try to hoodwink the masses, the federal government - GM’s overlord, which owns 61 percent of the company - is offering a hefty $7,500 tax credit per electric vehicle. The sticker for this appliance on wheels would be even higher were it not for layers of direct government subsidies for Volt development, including $240 million from the Energy Department last year and $150 million to a South Korean company that makes the car’s batteries. On top of that is the $50 billion government bailout for a bankrupt GM and a $14 billion loan in 2008 to retool the company’s manufacturing facilities.

Despite federal largesse, the Volt won’t help environmentalists reach Nirvana. The hunk of junk only has a range of 40 miles a day (at best), and it’s charged up by plugging it into a wall outlet, which in most places is powered by coal plants. A more practical ride for mileage maniacs is the new Fiesta by profitable crosstown rival Ford Motor Co. Its four-cylinder gasoline engine gets 40 miles per gallon, can drive all day and only costs 14 grand. For the price of a Volt, a family could put a Fiesta and a Mustang in the driveway. Lesson: Government needs to get out of the car business.

© Copyright 2014 The Washington Times, LLC. Click here for reprint permission.

Comments
blog comments powered by Disqus
TWT Video Picks
You Might Also Like
  • Maureen McDonnell looks on as her husband, former Virginia Gov. Bob McDonnell, made a statement on Tuesday after the couple was indicted on corruption charges. (associated press)

    PRUDEN: Where have the big-time grifters gone?

  • This photo taken Jan. 9, 2014,  shows New Jersey Gov. Chris Christie gesturing as he answers a question during a news conference  at the Statehouse in Trenton.  Christie will propose extending the public school calendar and lengthening the school day in a speech he hopes will help him rebound from an apparent political payback scheme orchestrated by key aides. The early front-runner for the 2016 Republican presidential nomination will make a case Tuesday Jan. 14, 2014, that children who spend more time in school graduate better prepared academically, according to excerpts of his State of the State address obtained by The Associated Press. (AP Photo/Mel Evans)

    BRUCE: Bombastic arrogance or humble determination? Chris Christie’s choice

  • ** FILE ** Secretary of State Hillary Rodham testifies on Capitol Hill in Washington, Wednesday, Jan. 23, 2013, before the Senate Foreign Relations Committee hearing on the deadly September attack on the U.S. diplomatic mission in Benghazi, Libya, that killed Ambassador J. Chris Stevens and three other Americans. (AP Photo/Pablo Martinez Monsivais, File)

    PRUDEN: The question to haunt the West

  • Get Breaking Alerts