The Detroit News reports about this ad:
In the course of “vetting” a vice presidential running mate, U.S. Democratic presidential candidate Joe Biden might have accidentally spilled General Motors’ future product plans.
In an 80-second campaignspot posted on Biden’s Twitter account Wednesday, Biden surprises by not talking about politics but cars, and his love of the Corvette and the American car market. In it, he says, “They tell me” that GM is making an all-electric version of its iconic sports car that will go 200 mph.
Turns out there are plans. Someone familiar with Corvette production at its Bowling Green Assembly in Kentucky confirmed to the Free Press there is a plan for an all-electric version of the Corvette, but the timing and its maximum speed are unknown.
The electric version is likely at least two years or more out, the person said, noting it will follow GM’s performance versions of the car due to market over the next year. The person declined to be named because there was no authorization to speak to the media.
GM spokesman Jim Cain,when asked about an electric Corvette,said company policy is to decline to discuss future products.
But GM has said it will have an all-electric lineup across its brands one day, with Cadillac being the lead brand for that technology. Cadillac’s boss has said the brand lineup will be nearly all-electric by 2030.
GM did not plant any tip about an all-electric variant of the Corvette in Biden’s ear, said Jeannine Ginivan, GM spokeswoman.
“I don’t know who ‘they’ are who told him that, but we don’t have any news about any new electric Corvette,” Ginivan said, reiterating that GM does not discuss future product. “We are excited about the line of vehicles we have coming. We have the GMC Hummer electric pickup and tonight the Lyriq (SUV) reveal.”
And exactly who is going to be able to afford a $200,000 electric Corvette? Maybe Biden, who has, like many politicians, gotten curiously rich (at least $9 million in net worth) while he was in, then since he left, office. Not normal people, who should be reluctant to purchase one anyway given GM’s bad record with new tech:
Biden is a Corvette owner, as Fox News reports:
Joe Biden is looking to rev up his presidential campaign by getting behind the wheel of his 1967 Chevrolet Corvette Stingray to ‘vette’ himself for office.
The presumptive Democratic nominee has released a new ad promoting American manufacturing that features the classic green convertible. …
Biden is the original owner of the car, which was a wedding gift from his father, who worked at a Chevrolet dealership. During his time as vice president, he often lamented that he wasn’t allowed to drive it due to security concerns.
Biden did manage to take the sports car for a spin for an episode of Jay Leno’s Garage just before the 2016 presidential election, but at a secure facility rather than on the road. Biden told Leno that he’d once driven it 160 mph, but his 327-cubic inch model had an official top speed closer to 130 mph.
In the new video, which appears to have been shot along the drive to his Wilmington, Del., estate, Biden says the car brings back memories of his father and his late son Beau.
He rhetorically asks, “How can American-made vehicles no longer be out there?”
According to the Automotive News Data Center, over 10 million vehicles were manufactured in the U.S. in 2019.
“I believe we can own the 21st-century market again by moving to electric vehicles,” Biden continued.
He then says that “they” tell me that they’re making an electric Corvette that can go 200 mph.
Chevrolet has not confirmed plans for such a vehicle, however Maryland-based Genovation sells a Corvette converted to run on electricity that holds the top speed record for street-legal electric cars at 210.2 mph.
The Genovation GXE costs $750,000, plus the price of the donor car it is based on.
I guess my $200,000 estimate is too low. My bad.
Biden’s ad didn’t tell you this, but Issues & Insights did:
Joe Biden’s $2 trillion climate change plan, released this week, was described by one liberal outlet as “the Green New Deal, minus the crazy.” We beg to differ. Just look at Biden’s plan to eliminate the internal combustion engine.
Biden says that on his first day in office, he will develop “rigorous new fuel economy standards aimed at ensuring 100% of new sales for light- and medium-duty vehicles will be zero emissions.”
He hasn’t said exactly when he wants new cars to be all-electric, but House Democrats have already established a timetable. Their new climate change plan calls for mandating 100% “clean” vehicles by 2035.
Keep in mind that as of today, plug-in electrics account for 0.5% of cars on the road, and made up less than 2% of new vehicles sold in 2019. And that’s despite massive public subsidies that have cost taxpayers $5 billion in credits to — mostly wealthy — EV buyers.
Clearly, consumers are not that interested in plug-ins, which is why Biden and his fellow Democrats want to force electric cars on everyone in the name of climate change.
Aside from fuel economy mandates, Biden also wants to extend and expand the EV tax credit, pump federal money into charging stations, and create a new “cash for clunkers” program for those who trade in a gasoline-powered car for a plug-in.
The cost of all this? Who knows. Aside from the $2 trillion price tag that Biden put on his entire Green New Deal plan, he hasn’t broken down his EV mandate scheme. But Sen. Chuck Schumer has already proposed a cash-for-clunkers plan, which would cost $454 billion over a decade.
And for all this, the electric car mandate will have a negligible impact on CO2 emissions and zero impact on the climate.
For one thing, the CO2 advantage of electric cars is vastly oversold. These are not “zero emissions” vehicles. They simply change the source of the emissions from the car to power plants — most of them powered by coal and natural gas.
A study by the University of Michigan’s Transportation Research Institute found that when you factor in CO2 emissions from electricity production, the average plug-in produces as much CO2 over its lifetime as a gas-powered car that gets 55 miles per gallon.
The CO2 advantage of electric cars diminishes even more when you consider the entire lifecycle of the vehicle, including the environmental impact of mining required to manufacture the batteries. A study by the Union of Concerned Scientists found that CO2 emissions from manufacturing electric cars was 68% higher than gas-powered cars.
When you add it up, the impact on the climate is zero. A report from the Manhattan Institute notes that even if every car on the road were replaced with electric vehicles by 2050, “the resulting reduction in CO2 emissions would be less than 500 million tons per year.” That reduction, it says “will have no measurable impact on world climate.”
The rest of Biden’s environmental plan is equally untethered from reality. Take his proposal to have all the nation’s electricity produced by “clean” fuels by 2035.
Today, 20% of electricity comes from renewable sources. The Energy Information Administration says that based on current trends, that will increase to 32% by 2035 and 38% by 2050.
That’s a long way from 100%.
Plus, a fifth of today’s renewable energy comes from hydroelectric power, which has been declining as a source of energy in part because environmentalists hate dams. Another 43% comes from biomass, which environmentalists also consider dirty.
As the Natural Resources Defense Council put it, “biomass energy damages our climate and air, our forests, and our communities while the industry hides behind veils of misinformation.
That leaves solar and wind, which are massive land hogs. Proposed solar plants in Virginia would eat up 490 square miles of land — which would be like covering all of Los Angeles in solar panels. A single 50 turbine wind farm requires 23 square miles, notes Real Clear Investigations. Both energy sources are uneconomical without generous government subsidies.
Then there’s Biden’s promise that the entire U.S. economy will produce zero carbon emissions by 2050.
When the Heritage Foundation tried to calculate the economic impact of the carbon taxes needed to cut CO2 emissions by just more than half, it crashed their economic model.
The Green New Deal was never about saving the planet. It’s always been about the left’s desire to gain control of every aspect of our economy and our lives. Biden’s version might be a modestly watered-down version of the one proposed by socialist Rep. Alexandria Ocasio-Cortez, but it’s hardly any less crazy.
Biden’s party believes people shouldn’t own vehicles, period, but should ride mass transit like good little communists, particularly since if Biden is elected president you will be poorer, not richer, in income and rights. So the electric Corvette convertible is a fantasy, and not just in Biden’s mind.