Day By Day

Tuesday, April 07, 2009

Failure Written All Over It!


Sign of the times: Two market failures get hitched and give birth to..., this monstrosity.

Segway Inc. and General Motors Corp. announced Tuesday that they are working together to develop the two-wheeled, two-seat electric vehicle designed to be a fast, efficient, inexpensive and clean alternative to traditional cars and trucks in an urban environment.
It will go for 35 miles on a single charge and attain speeds of up to 35 mph. Wow!

Of course this is designed to conform to the insane strictures of the PC crowd, but I suspect that if this sort of thing ever goes into production its major customers will be urban governments and the inhabitants of Florida retirement communities. And for that matter, who there needs them, we already have golf carts.