June 23, 2008

McCain Disses Patents, Private Market; Proposes $300 Million Prize for Electric Car Battery

Link:

John McCain 2008 - John McCain for President
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John McCain Will Propose A $300 Million Prize To Improve Battery Technology For Full Commercial Development Of Plug-In Hybrid And Full Electric Automobiles. A $300 million prize should be awarded for the development of a battery package that has the size, capacity, cost and power to leapfrog the commercially available plug-in hybrids or electric cars. That battery should deliver a power source at 30 percent of the current costs. At $300 million, the prize is one dollar for every man, woman and child in this country -- and a small price to pay for breaking our dependence on oil.

Posted by Anupam Chander on June 23, 2008 at 12:40 PM in Digitization | Permalink