GREY:MDCGF - Post by User
Comment by
wizwizon Jan 31, 2011 12:15am
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Post# 18048422
RE: RE: RE: RE: RE: Takeover is inevitable
RE: RE: RE: RE: RE: Takeover is inevitableThere's a big difference in this case: For the EV vs. oil thing, itwas perceived by the oil majors as a threat to their business. In thecase of Medicago's technology and big pharmas, it will improve theirbottom line and response time.
Big difference
Not quite. It was EV vs GM's Oligarchy. It was GM that pulled the plug on the EV, and GM lost billions of dollars in what could have revolutionized the car industry. Once GM management saw the potential of the EV and the radical changes it would entail - like low vehicle maintenance, they did everything they could do to stop it. In the end, GM went bankrupt because they clung onto their old gas guzzling technology to the very end and resisted change.
Wiz