Friday, November 21, 2008

Electric Car

Couple of days ago, it was reported that the fully electric car by BMW, Mini-E, will go into mass production as early as 2010. Sounds like the great news. - Finally...!

Though, makes me think would General Motors be in a turmoil that they are in today, together with other big automotive companies, if this story dated 15 years before Mini-E, was never to be:


Ps: credit to Dane for sharing this sad story during our Saba trip.
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UPDATED 9th Dec 08:
Unsurprisingly, Ford released their electric plans for the next few years. Though, much bigger concern, the one on the political level, that is coming from the car-industry crisis is what will happen after the government provides the big bailout with the strings attached. NYTimes quotes Mr Jeffery Garten, a professor at the Yale School of Management, who points that USA is starting to replicate the Chinese system, a combination of capitalism and communism (NYTimes uses more subtle phrases: nationalism and state-control; naturally).

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