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Connersville, IN

Carbon motors competition

You're kidding, right? The Ford sedan might still be a retrofitted family car, but its out there and gathering market share that Carbon would have a hard time supplanting. The very fact that they don't even mention Carbon in that autoblog report says something of future Carbon prospects. Personally, I can't see this happening on many levels. Maybe the most important for Carbon is the political aspect. Given that it would take about 3 years to get to production from when they get the money. Carbon is at least 4 years away from production. The Obama administration is not likely to even consider this loan until after the election. And I don't think either political party wants this to happen. The Obama administration is not going to spend DOE money on a start-up like this given the Solyndra affair. The Democrats also want to protect what they view as their success in proping up the auto industry. Why hurt the big 3 by creating more government funded competition. Similarly, the Republicans don't want to spend anything given the budget deficit. They want to eliminate the remaining DOE allocations as one small way to improve the budget deficit. Personally, if this venture were to work, the venture capital community would have been all over it. Who knows though. If anything, these Carbon guys are persistent, maybe something will ultimately happen, but i don't think it will be with government money, it it will likely be more than a few years before they get what they need.  (Feb 28, 2012 | post #4)

Connersville, IN

Carbon Motors Naysayer

Maybe the only reason Carbon is going for DOE maney is that they haven't been able to get any Venture Capital money. If they've been around for 8 years, how have they gotten this far without municipal funds? The money from Connersvill/Riverb oat has only been for the past few years. They've had that prototype for longer than that - so SOMEONE has been giving them some money, just not enough to fund the size of the project they are envisiging. What concerns me is the ethical nature of what they are doing. Another car company start-up that folded recently gave money it got from their local municipality back to the town. When Carbon goes away, will or can they do the same?  (Feb 15, 2012 | post #9)

Connersville, IN

OTs Dating Thread MIA

Lick....  (Feb 15, 2012 | post #13477)

New Milford, NJ

Obama Economy - New Milford, NJ

The addition of unfunded mandates. The expansion of the debt and the trade deficits and the failure to address any vested interests on both side of the political spectrum make Obama one of the worst presidents in recent memory - even worse than Bush - if that's possible.  (Feb 6, 2012 | post #1)

Connersville, IN

Carbon Motors Chairman Issues Open Letter to...

Moonman, actually you are wrong - they don't have ANY orders. They have what they are calling "reservations ". Why the distinction? Because the way govenment appropriations work, they can't "order" something that cannot be delivered during the government's fiscal year - otherwise there would be emcumbrances upon the budget. Virtually every "reservation " they have is nothing more than an agreement to take a look at what Carbon produces when they get around to producing it. Nothing more.  (Dec 28, 2011 | post #12)

Connersville, IN

Keep A Word, Drop A Word

party pooper  (Dec 28, 2011 | post #3081)

Connersville, IN

Carbon Motors Petition

It's a worthless petition. It's very likely that investigation has shown that this is a risky proposition for the government - which doesn't need another Solyndra on its hands. And the general population will see this not differently than the disliked auto bailouts. As for jobs, how many jobs will this take away from Ford/GM/Chrysler? This is a zero sum game for the government with no net new jobs. As for reservations, it means nothing in the process of government funding. A "reservation " is not a binding agreement until an appropriation is made and many of these reservations were made years ago - are those state and local governments still interested?  (Nov 18, 2011 | post #5)

Connersville, IN

Carbon Motors to open 7 Regional Offices

It doesn't seem to me that even Carbon Motors is interested in Carbon Motors any more. Consider the data from their own website. They publish "news" a blog, and a list of "pure justice tour" events. Well.... News Items by year 2006 - 8 items 2007 - 11 items 2008 - 42 items 2009 - 41 items 2010 - 24 items 2011 - 4 items Blog entries by year 2008 - 14 entries 2009 - 37 entries 2010 - 17 entries 2011 - 5 entries Pure Justice tour events 2008 - 9 events (beginning in October of that year) 2009 - 29 events 2010 - 10 events 2011 - 5 events It seems to me that their efforts are tailing off. They probably have cash flow issues. Couple these observations with the Solyndra problems and the fact that the big 3 are now actively pursuing the police car market (a market that all of the big 3 proposed to abandon back in 06) tells me that they've done all they can do and that the support they've gotten is just not enough. For someone like Bill Li, who have been doing this for (I believe he said) 8 years, how do you back out and move on? Is there a point where you just acknowledge the truth, cut and run? Maybe this loan is just around the corner, but with the national budget issues the way they are, does the government need to make more bets in the automotive sector? And can that possibly happen during this upcoming election cycle or under a new administration? I don't think so - and perhaps that is why we see less and less from Carbon Motors.  (Nov 9, 2011 | post #11)

Connersville, IN

Keep A Word, Drop A Word

f'ed up  (Nov 9, 2011 | post #2968)

New York, NY

Yankee talk back 4, or is it 5

Go Yankees!  (Oct 6, 2011 | post #216565)

Connersville, IN

OTs Dating Thread MIA

zimster  (Aug 22, 2011 | post #11762)