I’m not sure if you’ve read up on this yet, but if not, please do. It’s all over the news by now. When I initially posted it earlier today on the Yahoo! Message Board for GACR, it was just breaking news.
Tesla has opened up its patents to the industry for fair use under open source policy. This means GAC will be now able to take advantage of any Tesla related IP to make improvements in GAC’s product line and technology base and hopefully form partnerships. For a small company like GAC, having access to Tesla’s huge IP (intellectual properties) resulting from billions of dollars in R&D over the years is a huge bonanza.
And I just received confirmation from IGH himself within the last half hour that things are in the works… The odd coincidence that both companies are in California is no coincidence! California is the one state in which electric vehicles will make or break the traditional ICE (internal combustion engine) automotive industry, and with shared IP and possibly collaborations with Tesla a major possibility now, this is HUGE, or as Donald Trump would say, it’s EWJ!
Anyway, I’ve been lurking ever since my health took a turn, so while I would like to blog about this in more detail and provide detailed analysis, I’m going to defer this and spend time with my family instead. I hope everyone is able to read between the lines and see how much of a game changer the Tesla move will be for the fledgling EV industry.
It’s like a middle finger at Detroit and Middle Eastern oil the same day the fall of Tikrit and the day after Mosul was announced.