Response
In March 2008, Deutsche Bank analysts issued a glowing report stating that the company's approach could be a "paradigm shift" that causes "massive disruption" to the auto industry, and which has "the potential to eliminate the gasoline engine altogether." Three months later, the same institution issued a second report, finding “electric vehicles destined for much more growth than is widely perceived”. The same report states that “mprovements in battery technology will allow for increased power, increased electrical propulsion, and bigger gains in fuel economy.”
On June 26, 2008, Shai Agassi testified before the United States House of Representatives Select Committee on Energy Independence and Global Warming, chaired by Representative Ed Markey of Massachusetts. The hearing, titled “$4 Gasoline and Fuel Economy: Auto Industry at a Crossroads,” dealt with the future role of the auto industry and the federal government in fighting gas prices and the fuel economy standards proposed in response to the enactment of the Energy Independence and Security Act (EISA) of 2007.
In 2009 Media reports suggested misgivings on Better Place's business model and costs citing up to $500,000 per station in comparison to fast charge stations which are estimated to cost $25,000 - $40,000.
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Famous quotes containing the word response:
“Parents’ accepting attitudes can help children learn to be open and tolerant. Parents can explain unfamiliar behavior or physical handicaps and show children that the appropriate response to differences should be interest rather than revulsion.”
—Dian G. Smith (20th century)
“Because humans are not alone in exhibiting such behavior—bees stockpile royal jelly, birds feather their nests, mice shred paper—it’s possible that a pregnant woman who scrubs her house from floor to ceiling [just before her baby is born] is responding to a biological imperative . . . . Of course there are those who believe that . . . the burst of energy that propels a pregnant woman to clean her house is a perfectly natural response to their mother’s impending visit.”
—Mary Arrigo (20th century)
“Play for young children is not recreation activity,... It is not leisure-time activity nor escape activity.... Play is thinking time for young children. It is language time. Problem-solving time. It is memory time, planning time, investigating time. It is organization-of-ideas time, when the young child uses his mind and body and his social skills and all his powers in response to the stimuli he has met.”
—James L. Hymes, Jr. (20th century)