Resenting Chinese Government and Companies is a Waste of Energy

For any­one (such as Bob Lutz) who thinks that mak­ing part­ner­ship alliances with Chi­nese com­pa­nies is bad for Amer­i­ca, it’s prob­a­bly a good idea to let that idea go. Lutz, along with a Flori­da Con­gress­man and two U.S. sen­a­tors, have ques­tioned whether bat­tery-mak­er A123 Sys­tems should receive the rest of its gov­ern­ment grant in light of a deal with a Chi­nese firm to invest in the fal­ter­ing com­pa­ny. Wanx­i­ang Group may very well invest up to $450 in A123 Sys­tems and take an 80% own­er­ship stake in the bat­tery mak­er. Expect­ing trans­paren­cy and account­abil­i­ty to those receiv­ing fed­er­al loans and grants makes much sense, but crit­i­ciz­ing involve­ment with the Chi­nese gov­ern­ment or com­pa­nies is a lost cause – just ask Gen­er­al Motors, Ford, Vol­vo, and oth­er major automak­ers with own­er­ship stakes in Chi­nese com­pa­nies, or vice ver­sa.

Invest­ment by Chi­nese firms in com­pa­nies like A123 Sys­tems and Pro­tean Elec­tric, and elec­tric car prod­uct line­ups being rolled out by com­pa­nies like BYD, have much to do with Chi­nese gov­ern­ment poli­cies push­ing for green vehi­cles and tech­nolo­gies and renew­able ener­gy sources. Sales of elec­tric vehi­cles haven’t gone very far yet in Chi­na – taxi fleets and oth­er nich­es are tak­ing them on. Con­sumers are only gain­ing lim­it­ed inter­est in the gov­ern­ment incen­tives offered, and in tak­ing on an EV for pos­si­bly their very first car ever.

In this issue, check out the video inter­view with Cur­tis Mar­tin, Pro­gram Coor­di­na­tor for Ante­lope Val­ley Clean Cities Coali­tion, on the week­ly Clean Cities web-based radio show on advanced vehi­cle tech­nol­o­gy and alter­na­tive fuels. And read the arti­cle right below the videos on the “Clean Across Amer­i­ca & Back 2012 CNG Road Trip” that Mar­tin is part of mak­ing hap­pen.

 



0 Comments

    Leave a Reply

    Your email address will not be published. Required field are marked *.