Click here to read a summary of what AMP Motorworks does. From what I saw in the interview, I see just a couple of hurdles to clear. First, the conversion of a Saturn Sky's internal combustion engine to an electric drive train costs $25,000.00. That price is steep for most car owners. For those who can afford the cost, once the Sky is brought into their shop, the conversion takes all of two days. Mr. Burns told the interviewer that he actually has a waiting list to get cars converted.
The other hurdle to clear is for apartment dwellers like me who do not have electrical outlets in the parking lot -- there is no where to plug in the car! However, if enough people with electrical outlets in their garages and carports demand this conversion, perhaps apartment home owners can be convinced to wire parking lots for electrical outlets.
So, for just how many billions is Mr. Burns asking?
Yes, twenty million dollars. All of 0.13% of what was offered to the big 3 American car companies.
I'm ready to make that loan.