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Honda, Toyota, BMW, Mercedes, or smaller ones like Think, BYD, Tango, or Venturi? I could name many more. Where are their $500M+ loans to build their electric c
by qwanzi77 13y ago
Honda, Toyota, BMW, Mercedes, or smaller ones like Think, BYD, Tango, or Venturi? I could name many more. Where are their $500M+ loans to build their electric cars?
- shrikant 13y agoDid they ask, and/or meet the requirements? http://en.wikipedia.org/wiki/Advanced_Technology_Vehicles_Manufacturing_Loan_Program http://en.wikipedia.org/wiki/Advanced_Technology_Vehicles_Ma...
- deleted 13y ago[deleted]
- qwanzi77 13y agoMany asked. Only few were given those loans. Why not give the money to research universities instead? Wouldn't that be a lot more fair? We could all exploit the research, instead of just a few well-connected billionaires and corporations with lots of resources.
- akandiah 13y ago> Many asked. Only few were given those loans. Why not give the money to research universities instead? You are not making any sense! First you ask why other car companies weren't given a loan, then you say that universities should have received the funding. Please, if you want to put forward your point, make sure you can argue it properly!
- norswap 13y agoI think the aim was to make electric cars a practical reality, and somehow I don't see academia do that.
- bob13579 13y agoThe critical component, by far, is the battery. If you find ways to build a better battery, electric cars are a practical reality. Academia is perfect for battery research.
- javiermares 13y agoBuilding a car is an engineering project. Building a new kind of car will be a science intensive engineering project, but an engineering project nevertheless. Designing a new car is an attempt at optimizing a high dimensional design space that spans many disciplines that are interdependent. This requires fundamentally different methods and organization than those used conventional research.
- zalew 13y agobyd is small? this knock-off manufacturer is one of the largest in china and now even works with daimler.
- qwanzi77 13y agoI clearly stated "smaller". BYD has a market cap 10% the size of Tesla's current market cap.
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- smosher 13y ago"current"—out of curiosity, was it so small before Tesla received the loan?
- Confusion 13y agoThe key word being 'current', not 'back when the loans were given'.
- bob13579 13y ago"Honda, Toyota, BMW, Mercedes, or smaller ones like Think, BYD, Tango, or Venturi" "smaller" was in reference to Honda, Toyota, BMW, and Mercedes. You can substitute Bright Automotive if you wish.
- deleted 13y ago[deleted]