Here's what happens when the goverment gets involved trying to force demand for what "they" think is right. More evidence for my argument for government to keep their hands out of what the private sector and consumer demand should be driving. I'll bet a lot of people got rich off of this. I can see the execs of these companies in the boardroom now saying things like "I will give myself a 7 figure salary out of this grant" Your taxpayer dollars at work!!!!! Car battery starups fizzle after heavy U.S. funding | Fox News Some quick excerpts for you: "Since 2009, the Obama administration has awarded more than $1 billion to American companies to make advanced batteries for electric vehicles. Halfway to a six-year goal of producing one million electric and plug-in hybrid vehicles, automakers are barely at 50,000 cars." "What happened? The US provided grants that tied the battery makers to aggressive timetables, requiring each to achieve production and staffing targets that would supply tens of thousands of vehicles a year. But those production timetables weren't linked to market demand, leading to a shakeout among suppliers." I don't understand how these grants were given without any thought given to market demand. What an absolute shame and another waste.