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Did Electric Cars Hit the Wall?

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    Rep. Steve King, (R-Iowa), on the future of the Chevy Volt and electric vehicles.

  • Duration 3:22
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God -- -- these love affair with the electric car just get short circuit.

The Chevy Volt is being investigated for bursting into flames after crash tests and get this -- and the government motors says they'll.

Give customers a loaner cars.

-- that's been test now the government is a loaner car business so I'll congressman Steve King is back this congressman.

It's it's one issue whether or not we should be spending or we should have.

Whatever -- thirty billion dollars into GM -- to produce a car that no one wants or is now dangerous another one completely that the taxpayers is basically backing.

A program where if you don't like your Chevy Volt you can borrow car from GM -- the -- There.

Would be proud if you had manufactured vehicle that was pushed so hard by the federal government that it had to have a 7500 dollar tax credit ordered -- And then now turn out to you had to offer a -- anybody that was worried that it might start on fire won't send their garage.

You know I don't know the science behind this Eric and and it every article that I read on it doesn't dig into what is a chemistry going on in the wiring that's -- Jason to the batteries -- -- as I can tell.

And I don't seem to GM doesn't seem to want to tell them tell the world what it is they do dollar -- your investigation is not complete but they're offering homeowners which is almost the equivalent of up.

The voluntary recall that's what government does a free enterprise system does -- best in.

We need to have a lot more faith in the free enterprise system I wouldn't say that electric cars are off the table for the future.

They just need to be threaded into this thing from a competitive standpoint not a government -- -- -- comes.

Part of the problem is they estimated sell 101000 volts in the first year and in.

Looks like the number's gonna come around.

You know maybe one or 2000 -- of the numbers are -- drag.

We know what kind of car you gonna get as a loner my -- another electric car.

I don't know I was gonna counting on a suburban or you counter -- selling about seven of those free -- -- that they're selling out there are so looks like they're a lot more popular.

-- you know if you like your -- into the electricity it into the outlet in your garage so to speak and if it's called coal fired generator then you're really burning coal as you go down the -- registers its -- generated into the -- form of electricity.

Always -- we've we've done different stories on that you know the carbon footprint of of of electric vehicle which is -- in some cases even wider bigger depending on your perspective.

Then then a fossil fuel burning vehicle also you -- you touched on something 7500 bucks.

-- view even -- -- you know you can -- that 7500 dollars towards eight Nissan -- which is also electric car fully electric by the way.

Taxpayer money going to buy a car that's produced another country.

I did know that the Nissan was part of that of that credit but I don't think congress realize that it wasn't part of the dialogue that I remember as a couple of bad pieces of legislation were passing this congress.

The the let's see the president's economic stimulus plan is to seven -- 87 and a half billion dollar plan was part of that credit -- I remember.

But when -- -- something at Q and you've got told the last 24 hours to try to read a bill it's thousands of pages long.

Things like that happen and those -- the unintended consequences that come from staff making decisions for members right -- we.

Have to leave it there and I think the government is -- I think we're still out about thirty billion dollars based on that the final price GM stock but again thank you so much congressman king.

-- there because we did not generate that electricity with the solar panels of -- -- -- a cat a cat it.

Erica thanks and that's -- we're gonna do -- -- with some wind except it's not windy and all the places you need Steve -- DC.