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A comment on China Has Whole Towns Focused on Making Electric Cars. Parent comment

Re:China Has Whole Towns Focused on Making Electric Cars by raxxorrax on Monday June 03, 2019 @10:44AM (#20083599)
Just bad for the whole city if the strategy fails. And there is a single point of failure.

What if someone acknowledges that battery powered cars cannot reach the utility of fossil cars or trucks even? What if somebody invents a safe hydrogen cell?

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Re:China Has Whole Towns Focused on Making Electric Cars by jbay808 on Monday June 03, 2019 @06:44PM (#20089748)
Is there something wrong with betting based on a calculated risk?

VCs do it all the time, why can't a government do it?

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Re:China Has Whole Towns Focused on Making Electric Cars by raxxorrax on Tuesday June 04, 2019 @07:50AM (#20094051)
VCs are able to swallow the result of a failure. The government probably can too, but not the city itself.

Not saying this strategy is bad, but it will inevitably end up like deserted coal cities if the industry is too mono-cultural.

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