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Guess How Short Electric Car Sales Are From Obama 2015 Goal Of 1.5 Million

Will this presidential election be the most important in American history?

The free market, not government mandates, determines the success of a product. That’s the lesson from the failure of consumers to buy electric vehicles at the rate President Obama desired.

President Obama’s promise to have 1 million electric or hybrid cars on the road by 2015 has been an abysmal failure, according to documents obtained by Bloomberg, as private and government purchases of such vehicles have only reached 31 percent of the president’s original goal.

Obama made his promise in 2009, but as it became clear electric and hybrid car sales would never reach one million units the president scaled back his ambitions in March. Though, Obama has failed to even meet his scaled back goals, according to Bloomberg.

“The U.S. bought about 24,816 electric and hybrid vehicles during Obama’s presidency, or about 7 percent of government purchases in that time,” according to government data obtained by Bloomberg. “U.S. consumers bought about 286,814 of those models from 2009 to 2014, or 3 percent of overall sales.”

In total, electric and hybrid car sales have only hit about 31 percent of Obama’s original goal of having 1 million such vehicles on the road by 2015. He’s still about 690,000 vehicles short — if government purchases are included.

Let’s not forget that government purchases helped boost the sales numbers by almost 25,000.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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