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Unregistered
Join Date: Aug 2000
Location: a wretched hive of scum and villainy
Posts: 55,652
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GM as well as the other car manufacturers came out with the EV's for one reason and one reason only, they were forced to do so by lawmakers.
They made just enough to be in compliance, and leased them at a loss. They were very concerned with reliability and liability, and they were still a little ticked off at being forced to do something that to them, did not make sense. As soon as the leases were up they disposed of the cars to eliminate their responsibility and liability.
that was not because of government's intervention, it was in spite of it.
I read your links and saw that Bush visited two alternative energy facilities. That's it. He visited them and discussed their technology. This was at a time when he was preseting his energy package. If a president was presenting an energy package and did not investgate alternative technologies, I'd be worried. I see nothing to indicate a problem there at all, not even a hint of anything improper.
Cobasys is a joint venture between Chevron (NYSE: CVX) and Energy Conversion Devices (ECD Ovonics) (NASDAQ: ENER).
I see absolutely nothing that suggests they are keeping this type of product off the market. In fact just the opposite appears to be the case. They have recently built a very large manufacturing facility and are in the process of gearing up to be the main supplier of this technology. Sounds like a good money maker to me, until a better technology emerges.
There was that post on a blog from who knows who, but that carries no weight with me, No credibility, no proof, just an unsubstantialted roundabout suggestion. Tin foil hat type.
So, what else you got? I'm paying attention.
Please provide something that shows that Bush is holding down this technology. Anything (except for some anonymous and ambiguous post on a blog).
Please provide something that shows that Cobasys is trying to keep the technology covered up.
Please provide something to contradict what it looks like to me, that Cobasys is trying to get their product out there and make money off of it.
Thanks.
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