New Energy Plan Blocked by Annual Target of US Electric Vehicles

Up to now, the U.S. government has invested 5 billion U.S. dollars to support the electric vehicle industry. These funds are shared by electric vehicle manufacturers, parts suppliers and electric car consumers. However, the current situation is that these funds not only do not bring the expected return, but are also likely to disappear with the bankruptcy of those companies that enjoy government support funds.

The origin of the U.S. electric car program

The U.S. electric car program began with Obama's proposal for "car replacement" in the 2008 election. When Obama took office, relevant departments of the federal government began to formulate and implement electric vehicle plans as part of their clean energy plans. Some companies and investors who supported Obama in the general election, such as Solyndra, received large government funding. Nissan, Tesla Motors, and Fisker Automotive Manufacturing Co., Ltd. received a $2.4 billion government loan through the Department of Energy program to support the construction of an American electric vehicle manufacturing plant. In August 2009, Obama announced that he had invested 2.4 billion U.S. dollars in government funding for more than 40 projects in the automotive industry. Most of these funds went to advanced battery manufacturers.

The main purpose of the U.S. government's implementation of the clean energy program is to create job opportunities and inject a strong incentive into the U.S. economy during the financial crisis. The second is to rebuild the country's manufacturing base and ensure that U.S. key industries develop their advantages.

Annual goal of electric cars

Obama predicted in 2008 that the green car plan will create thousands of jobs for the United States. In his State of the Union address in January this year, Obama reaffirmed his goal of producing a million electric vehicles per year in 2015. The Department of Energy also Full of confidence. A research agency in a research report released in February this year warned that automakers will face the challenge of producing an annual average of one million electric vehicles, and in 2011 they already have a production capacity of 44,000 vehicles.

However, in recent months, the production and sales expectations of electric vehicles, including hybrid vehicles, have rapidly declined. This year's actual sales volume was only 16,800, not even one-fifth that of the American automobile market. Among them, the biggest sales brands were Chevrolet Volt and Nissan Leafs, both of which preceded Obama’s new car program.

Another blow to the Obama administration's clean energy plan is that following the announcement of the bankruptcy of Solyndra, a solar panel manufacturing company, which received a 500 million U.S. government loan for clean energy, many of the current production of electric vehicles and accessories All companies are facing a serious shortage of market demand and difficulties in raising funds. Bankruptcy or production cuts have become commonplace. For example, A123 Systems, which is engaged in the production of solar cells, received US$380 million in government support funds. It recently announced that it has caused layoffs due to reduced orders. There are currently 690 employees, which is far from Obama’s expectation that the company will create 3,000 jobs. Another battery manufacturer EnerDel, who had received US$118 million in federal government funding, was hit hard after its main user, electric car manufacturer THINK, declared bankruptcy this year. Another Johnson Electric Control Company, an electric vehicle manufacturer funded by a US$299 million federal fund, announced that, due to the small market demand, the plan to build two electric car factories was changed to build only one, and from the current production situation, The start-up of the car factory started at only half. VOLK, a price-competitive electric car produced by General Motors, was once expected by Obama to reach 1 million units in 2015. It also announced last week that sales this year will be reduced by 38% compared with expectations. The California electric vehicle brake dealer Aptera announced that it had closed down due to financing difficulties.

Critics increase but supporters are confident

Critics believe that the government's political goal, that is, the rapid increase of job opportunities in the economic downturn, conflicts with the development of a complex automobile industry and the reality of satisfying consumer demand. Some people think that the federal government's investment may be better used. Although investment in electric vehicles has been well publicized, the public does not buy electric vehicles.

However, proponents of the Obama Electric Vehicles program believe that the government's support for electric vehicle projects has produced bright spots for many industry developments. These emerging companies will take longer to achieve results.

Bell, an expert in electric vehicle problems, said that he failed to achieve the goal of the president in the sales of electric vehicles, but the federal government’s investment is indispensable for achieving this goal. According to Maarnina Rongli, vice president of Johnson Controls, government funds have enabled electric vehicle manufacturers to have production capabilities that meet market needs and make them a participant in the industry. "We need a long time to judge whether these investments are worth the money."

The White House believes that the implementation of electric vehicle projects has successfully promoted the development of the US automobile industry and has had a major impact on reducing dependence on oil imports.

Or as the “Washington Post” commented, the road is rough and difficult, and it is the true portrayal of the current development of electric vehicles in the United States.

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