It's good news/bad news day for T. Boone Pickens. On the one hand, his push for natural gas vehicles seems to be gaining traction in D.C. On the other, his new V-Vehicle Company in Monroe, Louisiana is about to get a little competition from two doors down. Chinese exile Yang Rong--former head of Brilliance China Automotive Holdings Ltd. and formerly one of China's three richest men--is setting up shop in Alabama to produce clean-tech vehicles. No word on where the factory will be located or even what form these vehicles will take, but they'll supposedly be for sale across the U.S. Your move, Pickens. [Reuters via BusinessInsider]
Buy a car
from the safety of your home.