• Greg Posted: 1/27/2010 6:49pm PST

    Shouldn't they at least have to prove they have the know how to build a complete vehicle first?

  • richard avatar Richard Posted: 1/27/2010 1:39pm PST

    To the best of my knowledge, T. Boone Pickens is not an individual investor in V-Vehicle, but he is part of a consortium that has invested heavily in the company.
    _
    That said, he's definitely not a staffer at V-Vehicle, so he won't receive any direct income as a result of any DOE support. And most importantly: the DOE money comes in the form of loans -- not unlike loans that every other business takes out, though these come with a lower interest rate. And like those loans, the money will have to be paid back. IMHO, this isn't an instance of "too much government"; it's a targeted loan program, just like the ones directed at small businesses, minority-owned businesses, and so on.

  • Eric Berlin Posted: 1/27/2010 1:26pm PST

    Those sketches are very mysterious...

  • greedo Posted: 1/27/2010 1:15pm PST

    I'll believe this company when I see one of their cars on the road. In the mean time, best wishes. Just pay that loan back.

  • Fizz Posted: 1/27/2010 1:05pm PST

    Too much government is never a good thing. I agree with libertarian-what does T Boone need with more money?

  • libertarian Posted: 1/27/2010 12:43pm PST

    Oh so now T Boone Pickens wants federal money?