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An Innovation Lesson
After all these years of hybrids hogging ouf “car pool” lanes as well as huge subsidies, we learn:
The new Chevrolet Cruze Eco can reach eye-popping fuel economy levels of more than 50 miles per gallon on the highway, which even in this era of hybrid-electric cars stands among the best. But here’s the real trick: The Cruze Eco is neither a hybrid nor electric. It runs on that “old” technology, the conventional gasoline engine. … This year, General Motors, Ford and Hyundai began selling cars with conventional engines that achieve 40 mpg or more on the highway, exceeding the fuel efficiency of some hybrids. … The new fuel-efficient gasoline cars, critics say, raise doubts about government efforts that favor any one technology over another. If subsidies are to be made, they argue, they should go to efficient cars, no matter what their power source. (more)
Oh yes, yes, yes.