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Frank 10 (1:21)
Topic(s): Auto Industry / Electric & Hybrid
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Video Transcript
What I want to do is to show the auto manufacturers and the
American public and the federal government that these kinds of
cars can be constructed tomorrow. And, it only takes the will
of the auto manufacturers to make the investment to—in
manufacturing, infrastructure and battery technology, and so
on—to put this kind of technology in play.
And so I'm hoping that public pressure from programs just like
this and government pressure will be enough to convince the
auto companies that they have an opportunity here to introduce
new technology into society, and be the first ones to
introduce that and, therefore, make the most money.
If they wait for the technology to come from abroad, and I'm
sure it will come from abroad, the American car companies will
not make as much money because they won't be first. And
the—whoever brings this technology into this country
first will be the one to take market share.