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Car battery starups fizzle after heavy U.S. funding

Fox News (source WSJ) -- Since 2009, the Obama administration has awarded more than $1 billion to American companies to make advanced batteries for electric vehicles. Halfway to a six-year goal of producing one million electric and plug-in hybrid vehicles, automakers are barely at 50,000 cars.

The money funded nine battery plants -- scattered across the US from Michigan to Pennsylvania and Florida -- that have few customers, operate well below capacity and, so far, have created less than a third of the jobs promised by 2015. Customers including start-up Fisker Automotive Inc. and auto makers like General Motors that urged the funding have struggled to produce and sell battery-powered cars, though they insist a market is coming.

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Submitted Jun 01, 2012 By: GT3186

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1006 Champion Author Birmingham Posts:1,106 Points:1,371,110 Joined:Apr 2008	Message Posted: Jun 4, 2012 5:39:15 AM Ignore 1006 Report Abuse another hole
honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: Jun 4, 2012 4:51:55 AM Ignore honda0105 Report Abuse ItsM: that's been the way for many decades.
1006 Champion Author Birmingham Posts:1,106 Points:1,371,110 Joined:Apr 2008	Message Posted: Jun 2, 2012 7:41:23 AM Ignore 1006 Report Abuse come on get over it
ItsMorph Champion Author Grand Rapids Posts:33,656 Points:3,213,010 Joined:Mar 2004	Message Posted: Jun 2, 2012 12:25:41 AM Ignore ItsMorph Report Abuse Focus2: please realize that the current "unemployed" numbers are largely FALSE! The "government" has stopped counting those who are underemployed, have given up looking, etc..
jimpeel Veteran Author Colorado Posts:462 Points:109,940 Joined:Mar 2005	Message Posted: Jun 1, 2012 11:49:14 PM Ignore jimpeel Report Abuse I cannot lay my finger on that clause of the Constitution which authorizes power to the federal government to act as venture capitalists using the public treasury as their bank. [Edited by: jimpeel at 6/2/2012 12:48:30 AM EST]
Focus2 Champion Author Illinois Posts:7,910 Points:1,928,350 Joined:Mar 2006	Message Posted: Jun 1, 2012 11:28:24 PM Ignore Focus2 Report Abuse Be thankful you live in the USA. Some countries in Europe have 20% unemployment.
52MPG Champion Author Dayton Posts:7,402 Points:1,769,405 Joined:Apr 2006	Message Posted: Jun 1, 2012 11:24:17 PM Ignore 52MPG Report Abuse Another reason for Government not to fund what should be private industry.
Zonk Champion Author Michigan Posts:6,621 Points:2,130,465 Joined:Oct 2005	Message Posted: Jun 1, 2012 11:22:53 PM Ignore Zonk Report Abuse The American people are not stupid. They will not purchase DUDS.
jrschl Champion Author Louisville Posts:3,107 Points:708,765 Joined:Jun 2011	Message Posted: Jun 1, 2012 11:21:08 PM Ignore jrschl Report Abuse Stephen Chu...he should be the first person to lose his job and the last person to be employed.
crreed1 Champion Author West Virginia Posts:2,100 Points:2,550,715 Joined:May 2005	Message Posted: Jun 1, 2012 11:20:26 PM Ignore crreed1 Report Abuse no jobs no money
us4usa Champion Author Missouri Posts:6,120 Points:1,137,585 Joined:May 2008	Message Posted: Jun 1, 2012 11:20:10 PM Ignore us4usa Report Abuse Time to stop tax dollars funding...
SteelPenny Champion Author Dallas Posts:31,296 Points:2,634,440 Joined:Sep 2005	Message Posted: Jun 1, 2012 11:18:32 PM Ignore SteelPenny Report Abuse yup
aggietim Champion Author Fort Worth Posts:1,831 Points:717,200 Joined:Oct 2008	Message Posted: Jun 1, 2012 11:17:45 PM Ignore aggietim Report Abuse not good
notnxs383 Champion Author Missouri Posts:2,625 Points:610,845 Joined:Oct 2008	Message Posted: Jun 1, 2012 11:17:27 PM Ignore notnxs383 Report Abuse Can't say it any better than Badmoon
Toppers Champion Author Atlanta Posts:9,152 Points:2,498,395 Joined:Mar 2005	Message Posted: Jun 1, 2012 11:15:49 PM Ignore Toppers Report Abuse Not the best place to create jobs...
CAroadrunner101 Champion Author California Posts:1,962 Points:1,342,150 Joined:Mar 2009	Message Posted: Jun 1, 2012 11:15:41 PM Ignore CAroadrunner101 Report Abuse oops...
umitb Champion Author Indianapolis Posts:3,823 Points:871,140 Joined:Apr 2010	Message Posted: Jun 1, 2012 11:15:12 PM Ignore umitb Report Abuse ok
1cheapgasin Champion Author Indianapolis Posts:5,699 Points:1,237,440 Joined:Jul 2009	Message Posted: Jun 1, 2012 11:14:38 PM Ignore 1cheapgasin Report Abuse Actual unemployment is well over 20% and inflation will be BIG before this year ends!!!
Badmoon Champion Author Massachusetts Posts:8,448 Points:1,679,190 Joined:Oct 2008	Message Posted: Jun 1, 2012 11:13:47 PM Ignore Badmoon Report Abuse You can't build the p.arts for cars that don't exist and expect to make money
Vette1967 Champion Author Albany Posts:6,107 Points:1,303,700 Joined:Jun 2009	Message Posted: Jun 1, 2012 11:13:31 PM Ignore Vette1967 Report Abuse Tell me it ain't so.
clermont40miles Champion Author Cincinnati Posts:10,754 Points:1,799,595 Joined:Apr 2008	Message Posted: Jun 1, 2012 11:13:30 PM Ignore clermont40miles Report Abuse Saying or wishing does not make it so. Battery technology cannot deliver the requirements for automotive. Taxpayer money should not support folly. Green is red.
Blue_Cruzer Champion Author Lexington Posts:7,660 Points:1,697,285 Joined:Mar 2007	Message Posted: Jun 1, 2012 11:13:26 PM Ignore Blue_Cruzer Report Abuse I wonder who's fault?
Tommy4Wheel Champion Author Wilmington Posts:33,112 Points:3,133,270 Joined:Apr 2004	Message Posted: Jun 1, 2012 11:12:28 PM Ignore Tommy4Wheel Report Abuse Obama's Fault!
1cheapgasin Champion Author Indianapolis Posts:5,699 Points:1,237,440 Joined:Jul 2009	Message Posted: Jun 1, 2012 11:12:02 PM Ignore 1cheapgasin Report Abuse Obama has got what he has always wanted - a DEPRESSION!!! He only wants America to have $8 per hour jobs!!!!
mfeldstein Champion Author Ottawa Posts:8,301 Points:1,956,230 Joined:Feb 2007	Message Posted: Jun 1, 2012 11:11:02 PM Ignore mfeldstein Report Abuse You've got to take chances to learn how to get it right.
CDMAuto Champion Author Connecticut Posts:3,932 Points:781,555 Joined:Apr 2011	Message Posted: Jun 1, 2012 11:10:11 PM Ignore CDMAuto Report Abuse expected outcome
Dailyrun Champion Author Kentucky Posts:2,122 Points:416,090 Joined:Apr 2012	Message Posted: Jun 1, 2012 11:09:11 PM Ignore Dailyrun Report Abuse Without a doubt.
regout Champion Author Quebec Posts:3,095 Points:860,405 Joined:May 2010	Message Posted: Jun 1, 2012 11:09:11 PM Ignore regout Report Abuse Oh yes...
rahcat Champion Author Grand Rapids Posts:2,681 Points:689,900 Joined:Jan 2010	Message Posted: Jun 1, 2012 11:09:05 PM Ignore rahcat Report Abuse Old article
DandyDapple All-Star Author North Dakota Posts:715 Points:330,770 Joined:Sep 2008	Message Posted: Jun 1, 2012 11:09:01 PM Ignore DandyDapple Report Abuse hmmmm
jem069 Champion Author Detroit Posts:2,679 Points:714,780 Joined:Jan 2011	Message Posted: Jun 1, 2012 11:08:19 PM Ignore jem069 Report Abuse ok
tco9436 Champion Author Connecticut Posts:1,807 Points:743,650 Joined:Mar 2010	Message Posted: Jun 1, 2012 11:07:53 PM Ignore tco9436 Report Abuse uh oh
rippinusoff Champion Author Lexington Posts:7,543 Points:1,515,475 Joined:May 2007	Message Posted: Jun 1, 2012 11:07:11 PM Ignore rippinusoff Report Abuse what is a "car battery "starup'"?
jerej829 Champion Author Memphis Posts:2,974 Points:720,575 Joined:May 2011	Message Posted: Jun 1, 2012 11:06:43 PM Ignore jerej829 Report Abuse Ok
cmsense Champion Author Columbus Posts:1,358 Points:165,345 Joined:Jan 2012	Message Posted: Jun 1, 2012 11:06:43 PM Ignore cmsense Report Abuse Another article brought to you by "Fixed Noise"-the fair and balanced Republican Echo Chamber.
megadiesellv Champion Author Atlanta Posts:1,474 Points:503,585 Joined:Sep 2011	Message Posted: Jun 1, 2012 11:06:08 PM Ignore megadiesellv Report Abuse Grab it while you can.
camaro_man Champion Author Kitchener-Waterloo Posts:2,372 Points:638,745 Joined:Jun 2010	Message Posted: Jun 1, 2012 11:06:07 PM Ignore camaro_man Report Abuse wow
miser709 Champion Author Grand Rapids Posts:1,268 Points:1,094,825 Joined:Mar 2004	Message Posted: Jun 1, 2012 11:04:14 PM Ignore miser709 Report Abuse This is no surprise.
bulbous Champion Author Ohio Posts:3,922 Points:122,015 Joined:Feb 2011	Message Posted: Jun 1, 2012 11:02:54 PM Ignore bulbous Report Abuse aviator rob!!!you make so much sense it scares me.most of the people who write replies here spout fox news crap like it's the truth.one idiot even quoted an article about the chevy volt like someone at fox news had enough intelligence to drive a car.i've enjoyed your replies very much;i don't agree 100%,but i don't agree with my wife all the time either.
Mowerman08 Champion Author Milwaukee Posts:4,883 Points:1,243,480 Joined:Aug 2008	Message Posted: Jun 1, 2012 11:01:31 PM Ignore Mowerman08 Report Abuse Obama's vision for America has cost taxpayers billions and increased the debt of this country by trillions. They talk about the 2013 budget proposal, there hasn't been a budget for 3 years just spend, spend, spend!
GJA175 All-Star Author British Columbia Posts:735 Points:220,435 Joined:May 2011	Message Posted: Jun 1, 2012 10:59:38 PM Ignore GJA175 Report Abuse This wasn't done right from the very beginning...
vegan_power Sophomore Author Hartford Posts:126 Points:51,030 Joined:Feb 2012	Message Posted: Jun 1, 2012 10:58:52 PM Ignore vegan_power Report Abuse go vegan!
JSX515 Champion Author St. Louis Posts:3,856 Points:829,295 Joined:Feb 2011	Message Posted: Jun 1, 2012 10:57:39 PM Ignore JSX515 Report Abuse He cant do anything correct
mcmonsta Champion Author Honolulu Posts:3,347 Points:845,470 Joined:Sep 2009	Message Posted: Jun 1, 2012 10:57:35 PM Ignore mcmonsta Report Abuse another misplaced billions worth of nothing
animal_rights Sophomore Author Hartford Posts:117 Points:46,150 Joined:Feb 2012	Message Posted: Jun 1, 2012 10:56:50 PM Ignore animal_rights Report Abuse ok
uptherefiners Champion Author Chicago Posts:5,048 Points:1,002,000 Joined:Jun 2006	Message Posted: Jun 1, 2012 10:56:14 PM Ignore uptherefiners Report Abuse and yet the kool-aid drunk, starry-eyed cult members think this free-spending, clueless community antagonist deserves another four years to bury this great country
bsg75 Veteran Author Chicago Posts:434 Points:137,610 Joined:May 2010	Message Posted: Jun 1, 2012 10:55:16 PM Ignore bsg75 Report Abuse In the phony-WMD-fueled run-up to the illegal and disastrous Iraq war, Halliburton was awarded a $7 billion no-bid contract. I didn't hear the righties screeching then.
95Vette Champion Author Missouri Posts:2,600 Points:657,430 Joined:Sep 2005	Message Posted: Jun 1, 2012 10:52:29 PM Ignore 95Vette Report Abuse I so agree with menagerie
NemoIL Champion Author Illinois Posts:3,164 Points:1,340,880 Joined:Aug 2008	Message Posted: Jun 1, 2012 10:52:18 PM Ignore NemoIL Report Abuse The electric car is not ready for prime time, the range will need to be double of what it is now to be practical.
darkknight1 Champion Author Winston-Salem Posts:4,475 Points:923,535 Joined:Nov 2010	Message Posted: Jun 1, 2012 10:51:29 PM Ignore darkknight1 Report Abuse Not surprised.