When Fools are right
When David fights Goliath, bet on Goliath is the title of a recent article on The Motley Fool. After taking a quick look at it, we have to agree.
For every new electric vehicle (EV) sold, there will be potentially several EV charging stations sold. Nissan has already gone on record stating that the LEAF will be rolled out initially in those states that provide EV charging infrastructure. Think about it. If you want your new technology vehicle to be successful, the equipment must be in place to insure its success. That equipment is called electric vehicle supply equipment (EVSE) when it comes to EVs, and it will ultimately be supplied by companies such as General Electric. Like it or not, the Clipper Creeks and ECOtalitys of the world will be ulitmately obliterated by the power of GE. The early providers of such equipment gain some assistance from the government in meeting the mandates of the initial deployment. More importantly, over the long run, who will rule the game. Like it or not, we have to go with the powers that be. So it is written. So it shall be. (Unless you find the “little engine that could”. But you must understand… it will be a longshot.)