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If the case for the battery was objectively better, oil companies would pull a phillip morris and buy out their antithesis to profit on both ends. The fact that
by asdff 3y ago
If the case for the battery was objectively better, oil companies would pull a phillip morris and buy out their antithesis to profit on both ends. The fact that they are doubling down on hydrogen itself I think its really interesting. To me, this shows that perhaps there is a true advantage, and also a high enough barrier to entry where only these oil companies at the scale they already exist can reap the most benefit. Its hard to know where the truth actually lies due to our propaganda/media environment, but I think these actions at least do inform of it a little.
- gmane 3y agoLike BP? https://www.nasdaq.com/articles/bp-joins-forces-with-harmony-energy-for-battery-storage-projects https://www.nasdaq.com/articles/bp-joins-forces-with-harmony... or Exxon? https://www.aa.com.tr/en/p/duyurular/1002/exxonmobil-launches-mobil-ev-offer-for-battery-electric-vehicles https://www.aa.com.tr/en/p/duyurular/1002/exxonmobil-launche... or Chevron? https://www.msn.com/en-us/news/other/ev-charging-startup-electric-era-announces-investment-from-chevron/ar-AA1hDwfr https://www.msn.com/en-us/news/other/ev-charging-startup-ele...
- deleted 3y ago[deleted]
- PaulKeeble 3y agoHydrogen can be captured out of some of the oil wells they have. Its not about producing it from green energy they have a plan to keep extracting it from the ground.
- timschmidt 3y agoNissan has famously owned the patent on large format NiCad batteries without producing them or offering them for sale on the open market. So you're right.
- pixl97 3y ago"If the case for digital cameras was objectively better Kodak would have bought up chip companies and profited on both sides".....
- pie420 3y ago"If the case for digital video consumption was objectively better, Blockbuster would have bought Netflix to profit on both ends"