Does Obama’s Re-Election Spell the End of the Gasoline-Powered Sports Car?
After nearly a year of seeing Mitt Romney and Barack Obama fling mud – maybe even a little poo – back and forth at each other, the election is finally over. Love him or hate him, Obama is in office for another four years and he has already shown that he likes to dwell in the automotive realm (see: automotive bailout, Chrysler bankruptcy, and DOE loans for EV technology).
A big one on our radar these days is the renewal of the CAFÉ standards – yes, it was a renewal; the CAFÉ standards are nothing new – and their direct impact on the sport car realm. By the year 2025, all automakers must have a corporate average fuel economy rating of at least 54.5 mpg, a number that sports cars often drag down.
There is a good possibility that one of three things will happen due to these standards. First, is the chance that automakers install more advance turbocharging technologies on vehicles in order to keep their power output high and fuel economy high too. With those technologies come rising price tags – something we are already experiencing today. The second – most unlikely – scenario is the complete elimination of all powerful sports cars, leaving behind just the likes of the underpowered-for-a-true-sports-car Scion FR-S-like vehicles. The third scenario is one that would satisfy our itch for fast cars and the EPA’s itch for eco-friendly cars, and that is the widespread development of super powerful electric, hydrogen fuel cell or natural gas sports cars.
The latter situation is one that we already know is possible. Have a look as the Tesla Model S and you’ll see a car that can travel 300 miles on a charge and still zip to 60 mph in 4.4 seconds. And that is a rather large sedan, so imagine it as a sports car. Same goes for the mid-5-second sprint to 60 mph that the 5,000-pound Fisker Karma completes. The final example is the Maxximus LNG 2000 and its 1,600-horsepower natural-gas-powered engine.
We think that this renewal of Obama’s stay at the White House won’t necessarily bring about the conversion to alternative fuel sports cars in the next four years, but it will certainly accelerate the process significantly. We honestly think it is a thing to look forward too, not be afraid of. Just think, no more gas station trips!!