Archive for the ‘Auto Misc.’ Category
The United States has about 250 million registered vehicles, which adds up to a lot of pollution and burning of fossil fuels. New Energy Technologies, Inc. prefers to look at it another way, however – they see those 250 million vehicles as a potential energy source and have developed a prototype engineered to harness some of the kinetic energy being generated, and wasted, by moving cars and light vehicles.
The company’s MotionPower system is designed to trap small amounts of kinetic energy drivers generate simply by driving over the energy-capturing device. Having successfully engineered and built the first prototype… Details
Warren Buffett hasn’t just seen the car of the future, he’s sitting in the driver’s seat. Why he’s banking on an obscure Chinese electric car company and a CEO who – no joke – drinks his own battery fluid.
Warren Buffett is famous for his rules of investing: When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is usually the reputation of the business that remains intact. You should invest in a business that even a fool can run, because someday a fool will. And perhaps most famously, Never invest in a business you cannot understand…Â Details