U.S., Germany walk back 1 million electric vehicle goal — ‘despite considerable government subsidies & consumer incentives’
Obama pledged in 2011 to put 1 million electric vehicles on the road by 2015...pumped roughly $5 billion into electric vehicle industry. Sales are underwhelming despite the efforts, barely reaching 5% of target...Obama subtly moved the goal posts & declared success. 'By 2015, U.S. will be able to produce enough batteries and components to support one million plug-in hybrid and electric vehicles'
