[Luxoris]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Mark,

[ QUOTE ]
The profit motive works, if the electric car has a viable market someone will direct capital towards that cause.

[/ QUOTE ]

It does, as proven by the Rav 4 EV. Electric cars would be in production if the patents on the battery technology required to make them practical were not controlled by Chevron. Market failure.

[/ QUOTE ]

We have a Department of Justice that has gone after many company's on anti trust grounds. Do you think Chevron has cornered the electric battery market and squashed it so they can sell more oil? If this is the case then I believe this would be an anti trust violation and you should report it to the DOJ.

[/ QUOTE ]

They have not 'cornered the market', they're sitting on patents for a specific type of battery that would make electric vehicles practical. This has nothing to do with anti-trust laws afaik.

[/ QUOTE ]

My understanding is that the Chevron patents are for precisely the technology that proved to be impractical for in the EV-1. Ovonics, the originator of the patents that Chevron bought, has largeley been a failure in the commercial market and turned to marketing to industrial companies that could benefit from tax incentives for green technology. Without those additional incentives the technology isn't cost effective.