Behind every billionaire there is a story!

Grove Invokes Paranoia to Prove Only Electric Vehicles Survive

 Andy Grove, the former head of Intel Corp., asked students in his Stanford University business school seminar last year to determine whether an electric car market could thrive in the U.S. Their conclusion: It can’t.That propelled the 1997 Time Man of the Year, now retired, on a personal crusade to reshape U.S. energy policy, take on the auto industry and attack America’s leaders for risking the nation’s security.

Grove, 71, who revolutionized production of devices at the heart of computers, is exploiting his name and ties to investors and politicians to jump-start a similar advance in battery-run vehicles. His idea is to refit millions of gas-guzzling autos to run on electricity part-time and convince carmakers to adopt so- called open source rules on advanced technology so that Americans can convert their cars.

“I came to a few conclusions that I was stunned by because they were so obvious and people don’t seem to get it,”

read the rest published by Bloomberg here:

http://www.bloomberg.com/apps/news?pid=20601109&sid=aC9rYRwCL_q4&refer=home