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Sunday, February 6, 2011
Lithium Drive: Clean Tech Summit 2011 - Dialogue with GM's John Lauckner tnr.v, czx.v, alk.ax, lmr.v, tsla, rm.v, nup.ax, srz.ax, usa.ax, jnn.v, abn.v, res, mcp, avl.to, quc.v, cee.v, sqm, fmc, roc, li.v, wlc.v, clq.v, lit, nsany, byddf, gm, dai, rno.pa, hev, aone, vlnc
at 9:50 AM GM was one of the largest bankruptcies in U.S. business history and than largest IPO - looks like a lot of people lost a lot of money. If the same guys were in charge of both developments it could be even called stealing in some jurisdictions, but we will talk about the positive - it is really unbelievable how they could safe the GM Volt during all this roller-coaster.
"At one point we will be just happy to drive any car - the Electric ones are not the worst choice, and they are getting better. So now Electric Cars are coming on the roads and utility companies are getting ready to charge them:
"Electric Cars are coming on our streets and utility companies are getting ready to charge our future. All of the naysayers will be proven wrong in the end - we can only dream about the numbers of Electric Cars to be on the streets when they will put sizable constrain on the existing power grid! This time will come and it will be matter of technological progress and investment into the smart grid to accommodate the new demand for electricity and flexible grid management.
While it may seem understandably daunting, it is a manageable task and presents an investment opportunity on its own. Who are the big players here? Well, it is the corporate "cream de la cream": GE, Google, Siemens, SAP, ABB and utilities companies world-wide amongst others. We are confident that they will manage to make electricity available for our Electric Cars in time.
Electricity could be produced from the number of sources, some of them could be renewable and their share will increase dramatically in the years to come - Oil comes from depleting source and can not sustain our Energy diet any more."
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