**Posted by Phineas
For 1896, that is:
Meet the Roberts electric car. Built in 1896, it gets a solid 40 miles to the charge — exactly the mileage Chevrolet advertises for the Volt, the highly touted $31,645 electric car General Motors CEO Dan Akerson called “not a step forward, but a leap forward.”
The executives at Chevrolet can rest easy for now. Since the Roberts was constructed in an age before Henry Ford’s mass production, the 115-year-old electric car is one of a kind.
As the New York Times reported September 5, “For General Motors and the Obama administration, the new Chevrolet Volt plug-in hybrid represents the automotive future, the culmination of decades of high-tech research financed partly with federal dollars.”
So, in return for trampling the rights of bondholders and investing $50 billion taxpayer dollars (1) in order to protect the UAW, President Obama (2) has shown us the “automotive future” — a car that would have impressed… President Grover Cleveland.
Oh, why the heck not? His economic policies are right out of the 1930s; why not go back another 40 years?
Forward… into the past!
(1) Of which you can assume a significant portion was borrowed from China.
(2) Oh, and you’ll be happy to know the administration ordered the purchase of 110 of the marvels of Green tech.
(Crossposted at Public Secrets)