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In his quest for green America President Obama made -- the massive stimulus bill included major spending.
In electric cars looking to get a goal of one million electric cars on American roads by 2015.
Obama also -- to 7500 dollar tax credit for those who purchase one of these cars.
But my next guest says the price may not be right.
David Champion -- the senior director of consumer reports auto test division it's great to see you data -- it's been awhile but not here what are these people that I really trust on this topic and -- And you -- you really wanted to like these cars but at the end of the day not so much why.
Well when we first -- the Chevrolet -- we went and purchased one like we do any other -- reported back to the track Czech -- -- about we started driving it.
We're thinking wow this is going to be really good.
And yes it's a very quiet -- acceleration is really nice because he's an idea changes and you would know -- it sounds really good.
But when we actually study looking at the numbers we're getting about 2825.
Miles maybe thirty miles on a touch Rodman forty.
And -- the -- the engine content.
The efficiency the engine isn't very good so -- seventy miles you're looking at -- you think your average fuel economy is around forty miles per gallon.
Not taking into account the the electricity that we put in.
You thinking this is a forty -- a -- against a Prius which gets about the same how.
Not very attractive as a financial -- in on the financial net.
How the show folks the price tags on these cars the Chevy -- the most expensive that the for three we looked at.
Dollars the Nissan -- 32000.
The Toyota Prius coming in a base price of 23000 dollars.
These two the bull and leave they're almost like specialty cars are really wealthy people who just want to look like they're doing the right thing.
-- one led the sort of specialty vehicles yes they are expensive for what you're getting.
But what one when we look at 'cause when they first came out here in 1905.
There and he sold to the rich because -- the only people that could afford them but we see wet constant come today.
And I think from a point of view what we needed to stop somewhere.
And these two vehicles that can be built in limited numbers it's a real learning curve of where we go to.
So as fuel prices as we see you start to rise to financial.
Blanche he's an electric -- may get -- -- -- Do you think this industry is really gonna grow and grow like toxic as the president says he wants seven million electric cars.
On the road -- tale I mean it seems to me like that's an incredible goal.
It it hits and when you look at the range that you can get belief.
Dispose -- these hundred mile range admittedly we've been driving but these callous and very cold weather and cold weather and high speed the two -- on electric vehicles.
Com yeah we didn't both of them we're getting about -- sixty miles of range on the leaf -- once the -- factories -- act.
Then it takes.
Sort of 89 hours to recharge that -- house some people commute that much every day.
So you have to have yet to fire that thing up every single night every night and then may be if you go somewhere.
You don't have access to a charger and it's not like pulling into a gas station where somebody you know fills the tank is maybe five minutes before you and you know the charges available I think if there's a lot of charges -- -- say maybe many hours before you can actually get in the.
There is a you know the Department of Energy is saying that investment by the government is essential here do you agree or is this something that the private sector should do want it sounds certainly.
Gases are gonna last forever.
We know there's probably limit somewhere sometime somehow.
Should just be -- the company should be doing on their own.
I think it takes a motivation today to actually get people to look at alternative fuels and when you look at electricity -- in every household.
It's readily available so if you're looking for and alternative fuel that's probably the easiest to go to.
-- look at compressed natural gas you know that's a very good alternative that moment we got plenty natural gas the range is a little bit -- on natural gas vehicle.
And you know that could be another.
And way way in the future may be hydrogen but we need to get some sort of motivation going and I think this is given the motivation to get going and look at.
Acts these alternative fuels and you -- move back to vehicles.
You know it's -- first stage.
What do you think is -- tipping point on prices of five bucks a gallon what is it I reckon it's about 4450 a gallon something like that once he gets above that it really makes a big impact -- you know a bit but you know weekly.
Amanda money that you have to spend so -- past that it might be better to championing an invite me back to the test track at any -- -- -- Tokyo but.
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