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It'll surely be patented and sat on for a while at a very high price. My bet is we'll need to wait $time_of_release + 10 years until we see things working out o
by Torn 15y ago
It'll surely be patented and sat on for a while at a very high price. My bet is we'll need to wait $time_of_release + 10 years until we see things working out over traditional cars.
- danmaz74 15y agoIt will be patented - yes. Sat on at a very high price - I don't think so. Even if you only think about maximizing profits, with a technology like this you would make much more money by creating a new market (mass produced electric cars) with lower margins and very big numbers than with high margins and very little numbers. On the other hand, if the technology required to mass produce this kind of batteries will be too new, it could take time to scale it and bring costs down. Let's hope it isn't too innovative.
- tsotha 15y agoYou can't "sit on" patents. The whole point of the patent system is to get an idea out there so people can use it. As a patent holder you're required to license your invention for a reasonable amount (I'm not really sure how that's determined - probably in court). If you don't, a judge can put your invention in the public domain and give you nothing. The stories you hear about the 300 mpg carburetor and machines that produce power from the spin of electrons? These devices, if they actually existed, would have to be bought and hidden away without ever entering the patent system. And the buyer (oil companies, is it?) would have to take the chance somebody else would patent the invention for which he paid millions.
- nknight 15y agoCitation, please. I've never heard of compulsory licensing occurring in the US outside of government contracts and anti-trust settlements.