Quote:
Originally Posted by aceventura3
The reason it takes up to $100 million or more in venture capital is in part due to regulations governing the production of motor vehicles. Even adjusting for inflation it did not take Henry Ford $100 million to introduce the nation to the Model T. Regulation is a major barrier to new competitors entering a market, even if they do have a "better mouse trap".
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ace...I think you have it backwards.
The new energy law provides tax incentives to alternative energy development, including electric vehicles, and those companies can also request waivers from some regs if the may be burdensome to development (although I cant think of what those regs might be...perhaps you can offer examples).