Electric vehicle sales far below Obama’s one million goal

• June 4, 2012 11:02 am


President Obama has made a goal of one million electric vehicles on the road by 2015 — but that will not come to pass by a long shot, according to a report by CBS News, which found only 300,000 electric vehicles on the road now, after $2.4 billion in federal spending:

To get to one million, the White House pinned its hopes on 11 models of electric vehicles — including the Karma. Our CBS News investigation found that six of the 11 — Ford Focus, Ford Transit Connect, Fisker Nina/Atlantic, Tesla Model S, Tesla Roadster and Think City — either haven't made their first delivery or are already out of business.

Others aren't even close to the government's 2015 projections. For example, 36,000 Fisker Karmas and 505,000 Chevy Volts were supposed to be made. But current projections slash the Karma's 2015 number in half to 18,000 and put the Volt at one-eighth of the goal at 62,000. […]

When told about the CBS News projection that only 300,000 electric vehicles would be on the road instead of the proposed 1 million, the Energy Department's David Sandalow said, "Well, let's hope that we can move faster. And if we don't hit that goal in 2015, let's hit it in 2016."

CBS News