Not 10 years from now. Not 5 years from now. Not 2 years from now. TODAY. Starting IMMEDIATELY.
Because if 6 high school kids from Philly were able to do it a few years ago, then you can certainly do it RIGHT NOW.
It’s called “The Attack” and it’s a hybrid supercar with over 300 hp developed from a AC electric motor powering the front wheels and a 1.9L VW TDi biodiesel powering the rears. The batteries powering the electric motor act as capacitors able to discharge a lot of energy in short bursts, enough for 0-60 runs in the sub 4-second range. Under normal driving conditions the car is powered by the biodiesel engine and achieves 50mpg.
And the best part is, this super-hybrid didn’t come from the Big 3 or some obscure Euro supercar maker, The Attack is the work of the West Philadelphia High School Electric Vehicle Team – a group of 6 high school, YES, high school kids.
While the righties claim GM’s woes are all the fault of its workers, and others are coming forward with all kinds of ideas, from breaking GM into smaller parts to bankruptcy before bailout, it seems that Congress has caught a case of “bailout fatigue” that makes it likely no GM bailout is coming.
Though all sides agree that Detroit’s Big Three carmakers are in peril, battered by the economic meltdown that has choked their sales and frozen loans, the White House and congressional Democrats are headed for stalemate over the government money that might go toward helping them.
Behind the logjam is a troubling reality for the car companies: Bailout fatigue has set in at the White House and on Capitol Hill.
The Senate Democrats’ measure would carve out a portion of the Wall Street bailout money to pay for loans to US automakers and their domestic suppliers, but aides in both parties and lobbyists acknowledge they do not have the votes to pass it.
The White House and congressional Republicans insist that any automaker bailout money instead come from redirecting a $25 billion loan program approved by Congress in September to help the industry develop more fuel-efficient vehicles. The GOP would lift restrictions on that money to speed it to the carmakers.
Democrats want to leave that money alone and give the industry an additional $25 billion from the financial bailout funds.
The industry needs $25 billion to help them develop more fuel-efficient vehicles? Really?
Maybe they should be hiring those kids from Philly.
Barney Frank, at least, has the right idea:
A House version drafted by Massachusetts Democrat Barney Frank goes further, requiring that US automakers immediately repay the loans next spring if they don’t give the government an acceptable restructuring plan that shows they can survive, including details on how they will transition to making vehicles that use less gasoline.
Because if 6 high school kids could make a fuel efficient car that looks HOT for less than a tenth of a million dollars, several years ago, $25 BILLION should help GM start rolling them off the production line before business closes TODAY.
Cross posted at Pen’s Pages