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well the analogy is a bit off, I do not agree with the bailing out in general, I think it's akin to curing the symptom as opposed to the real desease But elect
by systems 18y ago
well the analogy is a bit off, I do not agree with the bailing out in general, I think it's akin to curing the symptom as opposed to the real desease
But electric cars are still cars, they ride on roads, mechanical etc ...
It's shell, exxonmobile and Saudi Arabia who might need to worry. Electricity is a real substitute product to theirs
Many companies cut RnD costs by following the principal of "don't innovate imitate" cars were invented in USA but this "innovation" found it's way to europe and Asia
Detroits problem is not innovation, it's implementation. Which sort of explain how the bailout might actually be sane