Ask500

they may not be able to be competitive, but they sure are good at blocking everybody else from really entering the market.

I use as a case and point, the whole debacle with the EV-1 that was depicted in the documentary, "who killed the electric car."

they not only recalled these successful vehicles, but made sure to shred them so completely that nobody would ever see them again.

GM bought out ECD Ovonics, the company that developed battery technology that would give a car more than a 1000 mile range on a charge... then when they canceled the EV-1, they sold ECD Ovonics to none other than Cheveron...

Don't worry, they're not pursuing that battery technology at all anymore.

I know you probably agree with me that that sucks.

and you probably agree with me that such companies should be allowed to die if they fail.

I feel that if they're so likely to fail, then we have an opportunity to cut them up into nimble competitive little companies that can actually innovate and stop being afraid of losing money on business models that exist today. but just see what happens when there's something new.