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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

Why hes banking on an obscure Chinese electric car company and a CEO who - no joke - drinks his own battery fluid. Just this past year Russia sent tanks into oil-rich Georgia, and an oil tanker was hijacked off the coast of Somalia. So far, Asian manufacturers are leaving U.S. rivals in the dust. And they exist. 24.17% CBS Corp 6.76

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Consulting firm KPMG , for example, estimates that in addition to the 179 new battery EV model launches and refreshes between 2016 and 2020, at least another 251 are expected between 2021 and 2023 by traditional auto manufacturers, or original equipment manufacturers (OEMs) as they are referred to in the industry, as well as start-ups.