Spain’s electric car flop
As algore (ManBearPig) rants about how the US government has “failed us” (a point with which I agree, but not for the same reasons as algore), more details have emerged on Spain’s massive and epic “green” policy FAIL. (more here and here) The latest (from the BBC) details how Spain’s big push for electric vehicles has been a stupendous FAIL.
Spain’s plans to have 2,000 electric cars on the road by the end of 2010 have been dealt a blow as figures showed just 16 have been sold.
The government-backed REVE electric car and wind power project said 15 cars had been sold so far this year, in addition to one last year.
In April, the government said it would invest 590m euros ($775m; £490m) in the production of electric cars.
It aims to have 250,000 electric and hybrid vehicles in circulation by 2014.
REVE played down the poor sales.
“The figures are similar to what happened in the beginning with personal computers or mobile phones,” it said.
“The first models are expensive and with few options and initial sales were low.”
The 16 models sold in Spain were made by Norwegian car maker Think.
Yes, Think FAIL.
As governments continue to waste billions on “green” policies, the market demonstrates that people just aren’t all that interested in glorified golf carts that cost as much as an entry-level BMW. More recent news – Chrysler just announced that they will lose less money due to brisk sales of – you guessed it, the Jeep Grand Cherokee. A f**king SUV.