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.
Tesla Motors’ $35,000, 200-mile electric car may not revolutionize the auto industry by itself, but it could serve as a starting point for a long, steady climb to a day when half of the world’s vehicles will be plug-ins.
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