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We Don't Need No Stinking Sparky Cars

By Kate on April 9, 2012 2:17 PM | 8 Comments

A123 Systems – the taxpayer-funded electric vehicle battery manufacturer that famously shipped duds to Fisker Automotive, which caused one of its luxurious Karma EVs to shut down just before a Consumer Reports test – is now the defendant in an investor class action lawsuit and its stock has tanked to below $1.

8 Comments

Dennis K. | April 9, 2012 3:53 PM | Reply

You will never convince me to buy an electric car until they invent the 100 KM extension cord that doesn't get tangled!

Occam | April 9, 2012 3:58 PM | Reply

Some how I get the feeling their defense is funded by taxpayers as well. Is there any relief from green kleptomania?

set you free | April 9, 2012 4:48 PM | Reply

In other auto news, the Big 3 US car manufacturers had a huge March ... about 600,000 units.

Chevy Volt sold about 2,300.

C_Miner | April 9, 2012 5:48 PM | Reply

Ah, the electric car. Vaunted by the sci-fi of my youth. Usually supplied by a groove in the roadway or overhead powerlines. Of course, leaves never fell in those stories, nor did chinooks or tornadoes blow. The energy density just isn't there for anything but fuels to power individual freedom of movement at the level we've come to depend upon. Yet.

Bemused | April 10, 2012 11:56 AM | Reply

from msnbc of all places...

"once you've had a hybrid..you'll want back on the grid"

http://bottomline.msnbc.msn.com/_news/2012/04/10/11101762-hybrid-owners-unlikely-to-buy-another-one-study-shows?lite

Hybrid sales have been surging as fuel prices take their latest run towards record levels. But the news might not be nearly as good as it would seem if a new study by R.L. Polk is any indication.

Despite previous sales surges tied to past petroleum price hikes the U.S. hybrid vehicle market hasn’t been able to maintain its momentum and the Polk study apparently explains why. After living with the high-mileage technology, nearly two of three hybrid owners wind up returning to a more conventional vehicle when it’s time to trade in.

The Phantom | April 10, 2012 12:47 PM | Reply

C_Miner,right on. Going to be a while before batteries can approach hydrocarbons for energy density. Room temperature superconductors and probably a whole new generation of insulators too.

And do I really want to be sitting right next to a battery with 3 gigajoules of electricity in it when my -metal- car crashes? On a wet road? With salt on it? BOOM baby!

The Phantom | April 10, 2012 1:11 PM | Reply

By the way for any English majors out there, 3 gigajoules roughly equals a full 20 gallon tank of gas.

And while gasoline does burn sometimes in an accident, a broken battery can dump all its energy -instantly-.

Difference between burning car and daisy-cutter.

ebt | April 10, 2012 6:40 PM | Reply

Wow, I thought "3 gigajoules" was the record of Jules Verne's last lecture circuit tour...

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We Don't Need No Stinking Sparky Cars

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