Talking to one of the UK’s most famous technology investors the other day, the subject of investing on “green” stuff came up. He immediately began to wax lyrical about a neat idea for electric cars. Now we have further evidence that there are people out there keen to put money into transport technology that reduces our carbon footprint on the planet. Google.org has put out a Request for Investment Proposals through RechargeIT.org.
The $10 million RFP says:
“We plan to invest amounts ranging from $500,000 to $2,000,000 in selected for-profit companies whose innovative approach, team and technologies will enable widespread commercialization of plug-in hybrid electric vehicles, electric vehicles and/or vehicle-to-grid solutions. This RFP is global in scope, and we encourage responses from companies anywhere in the world.”
The sort of things they are looking for include plug-in hybrid electric vehicles, electric vehicles and something called “vehicle-to-grid solutions”.
Anyone else thing that they will get trampled to death in the stampede to bid for cash?
