Give us your money, and we'll spend it on this

16 April 2009
The woes of General Motors, the US car firm that has taken a £9 billion loan from the US government (and wants more), are well known. So I would expect the company to be concentrating on its core products, cutting costs and drawing up a strategy to develop to get out of trouble and start becoming competitive. I certainly would not expect them to be announcing something like this. This strikes me as absolutely unbelievable. While I’m sure electric vehicles will eventually become widespread, do they really expect this to become the car of the future? If I was a US taxpayer I would be astonished (and probably furious) that tax dollars were going to support projects such as this. As someone comments on the Segway website: “We already have a two-wheeled, zero emissions urban transport device. It’s called a bicycle.”
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