I don't think we need to worry about anti-trust violations, Al. At least not yet. This reminds me of the U.S. Advanced Battery Consortium, which was formed by GM, Ford and Chrysler in about 1990. It was never a problem, as far as I know.
Although we're going to see a few a few production vehicles by 2015, we're a long way from big volumes, Rob. By 2020, we're expecteing 3,700 fuel cell vehicles in the U.S., which is about two-hundredths of one percent.
Interesting development, Chuck. Any insights on whether this is unusual or if there are synergies here that make sense? I would think there would be a fundamental conflict in working together or at least a worry that you might be helping a main competitor.
The end may not yet be near, but recent statements by two of the world’s biggest automakers point to the fact that the industry has begun to plan for a dramatic decline in vehicles that are powered solely by internal combustion engines.
At the recent Autodesk Accelerate event in Boston, the director of product development for a niche hypercar firm replied "no, no, no" to three answers he got for what makes a car go faster. What was the right response?
Focus on Fundamentals consists of 45-minute on-line classes that cover a host of technologies. You learn without leaving the comfort of your desk. All classes are taught by subject-matter experts and all are archived. So if you can't attend live, attend at your convenience.