May 24, 2013
Government Failure: Two years ago the president announced his goal of putting 1 million electric cars on U.S. roads by 2015. Did he mention that to reach that target the unpopular cars might have to be given away?
The market for electric cars is so weak that consumer costs are approaching almost nothing. The Wall Street Journal reported Wednesday that in order to "spark buyers for electric cars," there is a need to "drop the price to nearly $0."
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