If you want to see the future of the electric car, you have to go back a hundred years. In 1900, over a quarter of all new automobiles ran on battery. City cars? Around a third of the buggies of Chicago, Boston, and New York City were electric. They were decimated by cars running on smelly and flammable gasoline, because people wanted to drive fast and long distances. Hundred years later, little has changed. Ten to 20 years from now, something might change. (Read More…)
Unfazed by Swedish unions calling for an investigation into the Ford-Volvo-Geely deal, Geely is getting itself ready to swallow the big Swedish fish. The deal is already being feted as episode two of the takeover of international icons by the Chinese.