Dr. CK Lin | Productivity. Innovation. Entrepreneur Profiles

Going green with the electric car: predictions for the automotive industry

In a previous blog, I mentioned entrepreneurial trailblazer Shai Agassi, who currently is advocating the usage of electric cars and electric charge grids to ease our oil dependence.

Looks like more people are picking up on this trend as more time progresses, with CNET reporting that 2011 will be the year of the electric car.

Agassi’s organization, Better Place, previously announced the Renault-Nissan partnership to further their goal towards sustainability and reducing CO2 emissions.

Now, companies like Mitsubishi and Ford are following in their footsteps.

Automakers seek to create vehicles that will get up to 100 miles to the gallon, so that the cost of purchasing an electric car will not seem as hefty.

With the goal of having these cars readily available for purchase by 2011, the automotive industry is changing it’s course, and fast.

Entrepreneurial Trailblazing: How to Stimulate a Dwindling Economy

President Obama’s approval rating is already down, the stock market has not hit this sort of low since ‘97, and many are fearful for their jobs.

Not to sound like a character from the computer game Oregon Trail, but morale is low.

The silver lining, however, is that there are entrepreneurs aplenty that are optimistic about turning all this around.

How? Innovations, of course.

There are many up and coming entrepreneurs that are bringing new ideas to the table, such as Shai Agassi and Rob Shields. Each has a long term strategy that will work with the economic flow, and draw consumers.

Agassi’s concept is Read the rest of this entry »