Government
Jan. 27, 2012
Up in smoke: the fall of the electric car
The perfect comeback plan for U.S. automakers goes up in smoke. By Jonathan Michaels of Michaels Law Group
The plan was seemingly perfect. Put all of America's might behind the emerging electric car industry and help the U.S. automakers reclaim their place as global leaders. GM was positioned to be first to market with its Chevrolet Volt - the car would pave the way for the company's future - and the Obama administration was in full support. In his 2011 State of the Union Address, President Barack Obama told the nation that he wanted the U.S...
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