A few months ago we told you about Google's plans to invest $10M in companies seeking to make plug-in hybrid vehicles a reality. Well they started with a pilot project to study the technology and make sure they would have a significant environmental impact.
Now that they've done that, and found, yes indeed, plug-ins could prevent a huge amount of CO2 emissions, they're asking for proposals from people working on plug-in hybrids and technologies that would assist their adoption. These companies likely include battery manufacturers and those facilitating vehicle to grid power management. This last option would allow cars to act as buffers during peak hours of the day, and then charging at night, when power plants are producing electricity. Oddly, it's possible that including electric cars in our infrastructure could decrease the number of new power plants that need to be built. Pretty cool.
Google is certainly taking a unique stance on philanthropy...these grants aren't being given to non-profits to work on good causes, they're being given to companies small and large alike to work on new projects that are expected to become profitable. Google is calling this kind of philanthropy "catalytic investment" which, honestly, I like quite a lot.
The question is, will these catalytic investments actually be catalytic. I certainly hope so. Best of luck to those submitting proposals...lets get these cars on the ROAD!
written by weee, September 13, 2007
written by Mr.Car Cover, November 15, 2007
What ever happened..
written by Parts Guy, June 09, 2011
|< Prev||Next >|