Political strategist turned green technology entrepreneur Terry McAuliffe tells Newsmax that other countries are “lapping” the United States in the development of electric cars and hybrid vehicles.
McAuliffe, former head of the Democratic National Committee, also says that politicians on both sides of the aisle are not dealing adequately with the most important issue of the day, jobs — and jobs are what an emphasis on green technology can provide.
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McAuliffe spoke with Newsmax.TV at the Clinton Global Initiative in New York. As chairman of GreenTech Automotive, he went to the gathering to announce that he and his team are investing $1 billion in five car models, and the first 100,000 of these cars will be sold for less than $10,000.
“Our goal is to get people to buy them, get comfortable with an electric car, and then we can move you up to our next generation of cars,” said McAuliffe, who was co-chairman of Bill Clinton’s 1996 re-election campaign and chairman of Hillary Clinton’s 2008 presidential run.
“It’s not green unless it’s affordable — that’s our motto.
“I’m looking at what Saudi Arabia, UAE, China, what South Korea are doing on electric cars and hybrid vehicles. They are lapping us here in this country. We’ve got to get serious. This is about jobs of the future.
“So I went to China, bought one of their car companies, took their manufacturing and brought it to the United States of America.”
McAuliffe showed off an electric car that he says will cost 1 cent a mile to run, get up to 100 miles to a charge, and attain a speed of 45 mph.
Turning to politics, McAuliffe addressed the Democrats’ prospects in the November elections.
“I’m the ultimate optimist. It’s going to be a tough election season. It always is for the president for the first midterm.
“We are in a very tough situation in this country. Our deficits are too way high, and I think too many of our politicians on both sides are in-fighting, talking on the edges. They’re not dealing with what I think are the most important issues — how you create jobs in this country.
“They’re getting caught up in the tax cuts and this and that. You can give me all the tax cuts you want, but [it won’t matter] if I don’t have a product I can sell all over the world. I want to sell this car in China, in Australia, in South Africa.
“We should be a leader of green technologies, not following China and South Korea and these other nations.
“We’ve got to wake up here in America. These countries are moving ahead of us on the future — future technologies, which are future jobs.”
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