We created our own problems as a nation when we went into business with Saudi Arabia -- helping them with the technology to pump crude oil, stabilize the market for a profit and distribute to the world in exchange for promises to invest heavily in the USA.
As a result, Saudi Arabians have major holdings in big oil, cars and media companies that rake in fossil fuel subsidies, produce gas-guzzling vehicles and do everything possible to fight-off progress towards alternative energy sources.
In the documentary, "Who Killed The Electric Car" the case is made against the oil company Texaco - Chevron, and GM Motors that purchased the patent rights to the NiMH battery 20 years ago that would have put the USA out in front as the number one producer of electric cars. But instead of producing cars, they have been suing companies like Panasonic to prevent them from producing NiMH batteries.
In the meanwhile, China has become the world's largest car manufacturer -- thanks to global labor outsourcing of US car manufacturing and the development of lithium ion batteries that are now in popular use in inexpensive electric vehicles that are flooding the world market (except in the USA where they are restricted.)
China produces almost half of all Chevy cars sold in the world, and produces cars and "components" for all of the major US car companies. However, tight federal import regulations prohibit the import of most electric cars designed to exceed 35 mph (anything more than a golf cart in other words.)
Panasonic has successfully managed to be able to produce NiMH batteries Japanese companies but will only offer them for sale in batches of 10,000, which makes it impossible for start-up companies to test the use of the batteries or acquire them for concept and custom electric vehicles.
Way to stand in the way of progress!!!
"The oil companies said electric cars can't work, but the truth is, they don't want them to work," Elon Musk, CEO founder of Tesla Motors told a crowd eager to see his new Tesla Model S sedan, unveiled Oct. 1, 2011 in Fremont, California.
Electric battery-powered vehicles are capable of zero to 60 mph in under 6 seconds that blows away it's gas combustion-engine powered competitors.
Elite-EVs concept designer, S. Monte Kase has been building and racing electric cars for more than 40 years in California and South Carolina. "I have been up against Mustang GTE racers on NASCAR tracks with one of my converted electric Mustangs and walked away from all of the gas powered cars every time," he said. "I have clocked top speeds of zero to 60 mph in 4.5 seconds with a top speed over 145 mph."
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The future is here and it's Electric!
