Bloomberg News just covered the new Lexus CT 200h (h is for hybrid — aka battery plus motor). This car will compete head-to-head with the Fisker Nina, allegedly to be built in Delaware and available sometime in 2013. So, Lexus (aka Toyota) has a product to market 2 years earlier, with an extensive dealer network, an unparalleled history of reliability, and a cheaper price. Ouch. A couple of positive quotes from the article (that refers to the car using the Jefferson Airplanesque — Plastic Fantastic):
The Mini Cooper rules supreme to many urban dwellers, but the fact that I averaged more than 40 mph, even in the densest traffic, gave the 200h an edge. Around town, it’s almost deceitfully sporty…
The $1,100 premium audio package, with 10 speakers, made a pleasure of dawdling in traffic, and the leather seats are the most comfortable I’ve experienced since my all-time-favorite, the buckets in the BMW 7 Series.
The auto does not get a universal thumbs up — it is a little too plastic. Something that I suppose won’t affect the Fisker (if & when available). However, in 2 years time who knows how Lexus will have adjusted the trim, while increasing reliability, comfort, efficiency, etc.
Why is our Governor making risky venture capital investments with taxpayer money to compete against the top automobile manufacturer in the world? Who knows, but it was and remains a bad idea.