|
|
||
|
United States, CA, Sacramento
Joined Mar 2006
167 Posts
|
Quote:
|
|
|
||
|
|
|
|
||
|
|
Quote:
I can assure you that those early failures weren't sold to the American public as "economic stimulous" and I can pretty much assure you that those companies that built those rockets didn't get their contracts because they were backed by JFK, LBJ or Nixon campaign mega-bundlers. |
|
|
||
|
|
||
|
|
Quote:
The Volt is a dismal failure, it should have never been made, I myself was looking into an electric of my own manufacture... sorry I have scrapped the idea in favor of black diesel. GM was good money after bad and hardly more than a big favor from B.O. to his union buddies. I know a bit about cars, I know a bit about batteries, what I do know and have seen was a major disaster in the making putting these battery packs in cars. My next project scraps electric power to run a small 1 liter turbo diesel. 50 mpg running of black diesel. 50/50 waste oil/ diesel mix. less than $2 a gallon. no waiting on a charge, no battery packs to service or replace, life span about 500,000 miles. It will cost half as much as an electric to make if not less. I have an old but well kept mini truck to build it from. GM was paying to much attention to hippie idiots and not enough to the reality of engineering. |
|
|
Latest blog entry: Latest things....
|
||
|
|
|
|
|
GM is not dying and has paid off their government loans at a profit for the government.
GM has been the leader in electric cars and solar technology for many decades. They hold so many patents that companies like Toyota, Nissan/Renault and most aerospace companies license that we could not let a foreign company gain control of them. Every Formula One car and every hybrid LeMans car run on A123 batteries and they don't seem to have any problems with them. The International Space Station and most rockets and satellites use A123 batteries as well - so it is hard to call them a failure even with their corporate failings. The problem that America faces with electric cars and solar energy is Japan and Germany. Their governments are spending tens of billions of dollars a year without blinking and are not deterred by losing a few 100 million dollars. The Toyota Prius is a top selling car in America because its price is heavily subsidized by the Japanese government and now Toyota is employing the Prius technology across its entire line. Toyota is the top selling brand in America and 15% of its cars employ the electric hybrid technology that the Japanese government funded and are now receiving tax revenues on. Then there is the Nissan Leaf. It is a pure electric car that no one thought would be more than a concept car. It outsells the Chevy Volt by 10 to 1. Did I mention that it is a pure electric car? Clearly there is a market for pure electric cars in America and Nissan is proving that fact. It costs about a third of the Chevy Volt due to Japanese government subsidies. It is a really nice car and I have driven one. Once you drive a Leaf you won't be nostalgic about internal combustion engines. The Chevy Volt is the class of these new vehicles but it is just too expensive. Its extra charging engine is not necessary and adds too much expense. It lacks the Leaf's 480v quick charge option too. Nissan is keen to exploit the US tax credit to install 480v charging in the home. I've driven a Volt and it is better than the Prius or the Leaf but it is not worth the extra money. So 3 cars lead the revolution, a Toyota, a Nissan and a GM. Only the GM goes it alone without any subsidies. Let's look at the facts at reliability. Toyota has destroyed the reliability records with their Prius Gen 2 cab program. 90% of them hit 100,000 miles without anything but scheduled maintenance. 27% of them hit 1,000,000 miles without anything but scheduled maintenance - on the original battery. Charging a Nissan Leaf or a Chevy Volt works out to about 15 cents a gallon and uses infrastructure that we have in place now. Only hippie idiots would think that we would expand our diesel fuel distribution, much less create a new distribution network for waste oil in our current system. Greasels have been around for over 2 decades now and they have not caught on. No one wants to drive behind restaurants and try to bum iffy fuel. |
|
|
|
|
||
|
United States, OH
Joined Jul 2011
114 Posts
|
Quote:
http://www.forbes.com/2010/04/23/gen...ha-dalmia.html |
|
|
||
|
|
|
|
|
And still relevant ... Seeing as how the main vehicle for paying off the loans was via stock sales when the company went public again .... But when your holding shares that are a third less in value than when you purchased it .... You're not going to get much of anything back.
Plus the article explains how GM went around telling people it "paid" its loans back .... Which we now know was a shell game .... Well .... At least those of us not carrying Pom poms know it. |
|
|
|
|
|
|
|
Here a couple more current ones;
http://news.investors.com/article/61...hares-fall.htm http://www.breitbart.com/Big-Governm...n-taxpayer-tab |
|
|
|
|
||
|
|
Quote:
There can be little doubt that Toyota has been the leader in electric/hybrid cars for the last decade or so. GM has not even been a blip on the radar. GM gets many subsudies from the american taxpayer from free money, tax rebates for taxpayers to very low interest loans. |
|
|
||
|
|
|||
|
Joined Sep 2010
106 Posts
|
Quote:
Quote:
It would have beeen very difficult for a well run oil company like Exxon to pay back $50 billion in loans. There is no way we will ever see all of the money that GM owes us. The union boys got the biggest chunk. |
||
|
|||
|
|
||||
|
|
Quote:
Quote:
Quote:
|
|||
|
|
|
|
|
I'm not going to be burning cooking oil, I am burning waste oil/diesel mix 50/50. less than $2 a gallon. No waiting on a charge and it will not burn like heck after an accident.
Also the taxpayers did not have to fund any part of my vehicle. That alone is a thanks. |
|
Latest blog entry: Latest things....
|
|
|
| Thread Tools | |
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Discussion A little light on Obama Care | dll932 | Life, The Universe, and Politics | 0 | Jun 30, 2012 01:39 PM |
| Discussion Yet another taxpayer funded government energy fiasco... | P-51C | Life, The Universe, and Politics | 4 | Jan 05, 2012 02:37 PM |
| Discussion OH NO!! Here I go on another wacko winch project. | rogerflies | Thermal | 33 | May 26, 2009 12:38 PM |
| Yet another thing that can go wrong on a Slow Stick | bradm | Aerial Photography | 31 | Oct 14, 2004 10:26 AM |