Pick a Winner?

Washington found another sinkhole, this time in Anaheim:

Fisker’s plug-in luxury car has been delayed again, as sales that were once planned for March and April, and then delayed to May or June have now been delayed until July, according to GreenCarReports. And that’s not just bad news for Fisker and its customers, but it’s bad news for President Obama’s goal of getting a million plug-in cars on American roads by 2015 as well. According to the DOE, the government’s goal banks on Fisker selling 1k Karmas this year, and 5k next year, rising to 10k in 2013. It’s also a bad sign for the government’s expectation that Fisker will sell 5k of its next-gen “Nina” (which has not even been shown in concept form) next year and 40k in 2013. It seems that the DOE’s half-billion dollar loan to Fisker is still a ways from yielding the desired results.

If the President thinks there should be a million electric cars on the roads, I’d prefer he invest his own money. Otherwise, he can go pound sand — it’s cheaper.