$24m Khosla "green kingpin" to invest reverse fossil oil efficiency Detroit ???
Post date: Jul 23, 2010 5:0:26 PM
UPDATE MARCH 3, 2011
Another Clean-Tech IPO Imminent, Khosla Says “Netscape moment.” for CLEANTECH
Related Non-Sub-Prime easy Invest:
Bill Gates Invests in Better Internal Combustion Engine
start-up EcoMotors scored a $23.5 million Series B round of investment from Microsoft Corp. Chairman Bill Gates and alternative energy investor Vinod Khosla. The money will be used for engineering and further testing of the company's Opoc engine.
Bill Gates is also investing
in nuclear home power plants
to get rid of US nuclear waste
and install underground, so
in 100 years the work starts
to find the polluting water source
devices....nonsense tech
"if fails just send updates LOL"
source: reuters.com
Vinod Khosla
has been called a "green kingpin,"
a fitting honorific given that the Silicon Valley venture capitalist controls $1.3 billion worth of funds targeted at all manner of clean tech enterprises.
Which makes his latest investment seemingly counterintuitive.
Last week, Khosla's firm, Khosla Ventures, partnering with Bill Gates, put $23.5 million into a suburban Detroit company looking to manufacture oil-dependent internal combustion engines.
BACK TO FOSSIL, A GAME CHANGING INNOVATION or
failed
Khosla with green investments,
or the good old boys said must
invest in Detroit to save us ?
Ah, but not just any oil-driven internal combustion engines. The 2-year-old EcoMotors International says its "opoc" (opposed pistons, opposed cylinders) engines are 50 percent more efficient and emission-reducing than conventional engines, are half their weight and size, with substantially fewer parts, and therefore much cheaper to produce.
China Zhongding Holding (Group)
." One of EcoMotors' investors is Zhongding Holding (Group) Co. Ltd., a Chinese auto parts company.
source: sfgate.com
A five-passenger car getting 100 mpg, running on gasoline, diesel or ethanol. Just continuing to pollute idling at cities fighting heat waves
Comment:
a non convincing, non-american, non-innovative backward easy $hit.
America industrialized the typewriter and the Computer,
well Khosla would recommend let's go back to the typewriter
needs less power than a computer and no expensive Solar PV
to develop..... America what sort of Gimmicks fail at the first
Non-sub-Prime economy ????
Related: $1bn raised for Cleantech by Khosla