Electric Vehicles and the "David and Goliath” Metaphor

Bob Lutz, former co-chairman of GM, said on CBS’s 60 Minutes about a year ago that only experienced carmakers have the background to deliver electric vehicles. Horse hockey. That’s self-serving garbage, and he knows it. Obviously they have an advantage – especially since they’re approaching the problem with $85 billion of your (taxpayers’) money. But we’re about to see exactly what a whole slew of nimble companies with good ideas and cutting-edge technology can do, in competition against the stodgy behemoths.
I know I’m not alone in wishing that this weren’t the worst period in history for capital formation since the Great Depression. But even in their hamstrung condition, we’re about to enter some exciting times in the electric vehicle market. In addition to Tesla – a company that garners an astonishing amount of ink each week, we have Phoenix Motorcars, Coda, BYD, Fisker, and many others right behind them.
I’m wondering what effect this new, competitive environment – and a true paradigm shift in driving – will have on the GM IPO. What’s investors’ forecast for a company like GM, selling into an auto consumer base that doesn’t think or act like the baby boomer generation? Where will the modern car-buyer go who wants a high-quality automobile that doesn’t make him a slave to the oil companies? I guess we’ll see shortly – but I see another rock to the head coming for Goliath.

I like to post articles on
Thirty-six industry and environmental groups signed and sent an urgent letter to the Senate, urging opposition to any amendment in the upcoming Energy Bill that would increase ethanol in gasoline. Some are apparently seeking approval in Congress to increase ethanol in gasoline from the current 10% up to 15%. The press release pointed out that NPRA (National Petrochemical & Refiners Association) was among the signatories against such a move.
I just got off the phone with an extremely professional company in Portugal with which 2GreenEnergy will be partnering to deliver renewables consulting and
I’m trying to get some “big ideas” for my next book on renewables. The one I favor at this point is a take-off on the first book’s “tough realities” theme:
In my estimation, Scott Adams (of “Dilbert” fame) is one of the brightest people living among us. His sardonic observations on the realities of the workplace have amused – and, I dare say, enlightened — people for many decades.![[The Vector] Ocean Energy Projects – A Domestic Sampling](http://2greenenergy.com/wp-content/uploads/2010/08/East-River-RITE-Project-courtesy-Verdant-Power1.jpg)