Originally posted by jtma508
Well prsbuff, I hear from whence you come. There are obscenely wealthy and powerful people out there who stand to lose extremely large if this comes
true.
Actually, no. They're the ones with the big manufacturing plants and will hit it huge once they retool. Toyota hasn't gotten poor with the Prius
and other hybrids. Just have a look here at the sales! :
www.greencarcongress.com...
GE was proposing electric only cars by 1979. Toyota's Prius was cautiously introduced in 1997, and they couldn't keep up with the demand.
Toyota's hybrids were a big part of its sales -- the Prius becoming the mainstay of its maarket:
www.hybridcars.com...
The motor companies continute to work with alternative technologies. If they were vested in gas only vehicles, their sales would be way off. They
also offer prizes for contests for vehicles with both high speed and high mileage. And none of the winners has died in unusual circumstances. Most
go on to enter more than once in subsequent years.
So the notion that the "big companies" are squashing the technology isn't right. This is often a statement put out by folks who would love you to
invest in their ideas but whose ideas may not be very good.