Don’t let Chrysler bail on its electric vehicle promises
Summary
Friends of the Earth criticizes Chrysler for scrapping its plans to produce large volumes of electric vehicles after receiving $15.3 billion in government bailout funds. The organization notes that Chrysler's revised sales targets for 2014 are significantly lower than the 500,000 vehicles promised by 2013, potentially leading to over one million extra tons of annual carbon dioxide emissions starting in 2014.
Key insights
- Chrysler received $15.3 billion in taxpayer-funded bailout money based partly on promises to invest in electric vehicle technology, including a goal to have 500,000 electric-drive vehicles on the road by 2013.
- Chrysler has since disbanded its electric vehicle team and drastically reduced its production targets, with CEO Sergio Marchionne now expecting annual sales of only 28,000 to 56,000 electric vehicles by 2014.
- The cancellation of Chrysler's electric vehicle program is estimated by the Friends of the Earth policy team to result in more than one million additional tons of carbon dioxide emissions annually starting in 2014.
Cite the original document
- APA
- Fox, A. (2009). Don’t let Chrysler bail on its electric vehicle promises. Friends of the Earth. https://foe.org/blog/2009-11-dont-let-chrysler-bail-on-its-electric-vehicle-promi/
- Chicago
- Fox, Audrey. Don’t let Chrysler bail on its electric vehicle promises. Friends of the Earth, 2009. https://foe.org/blog/2009-11-dont-let-chrysler-bail-on-its-electric-vehicle-promi/.
- Wikipedia
- {{cite press release |last1=Fox |first1=Audrey |title=Don’t let Chrysler bail on its electric vehicle promises |publisher=Friends of the Earth |date=13 November 2009 |url=https://foe.org/blog/2009-11-dont-let-chrysler-bail-on-its-electric-vehicle-promi/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{fox2009dont, author = {Fox, Audrey}, title = {{Don’t let Chrysler bail on its electric vehicle promises}}, publisher = {Friends of the Earth}, year = {2009}, month = nov, url = {https://foe.org/blog/2009-11-dont-let-chrysler-bail-on-its-electric-vehicle-promi/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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