|Mallalieu Engineering - Worked on the first electric-petrol|
hybrid, Microdot. This 1978 Mallalieu-Bentley sports model
used a tad more fuel than Microdot.
In February 2017, I wrote a brilliant 10,000 word paper on clearing the roads and reducing pollution from transport, The Economics of UK Road Transport. The prize went to a proposal for Road Pricing; banning poor people, the great unwashed, the hoi-polloi, from using the public highways; which we wealthy citizens will greatly welcome; giving us The FREEDOM OF THE ROADS.
My paper says that Road Pricing is a retrograde step back to medieval toll-roads, and will require huge investment into spy cameras, electronic surveillance of every personal journey, will record every broken law from jaywalking to speeding, and require huge debt-collecting after journeys; or pre-payment of e.g. emergency visits to hospital. It is Monetarism, Aristocracy and Orwell's 1984 write large. A very bad idea.
However, central to my eight recommendations to clear the roads, is the forecast that electric vehicles are coming, fast and furious, to sweep the internal combustion engine into history. Which is a pity, as my car and millions of other vehicles have just about reached the peak of engineering perfection. I have street-cred on this issue, because in 1980 our team at Mallalieu Engineering squeezed running gear into William Town's lovely design for a petrol-electric hybrid, Microdot - and proposed mass production under the name of Matrix. This would have put the UK 30 years ahead of TESLA and others, but the UK government quashed the project - as The Oxford Mail reported a few weeks ago. (NB - Very bad photo. I'm far more handsome and younger looking).
But, I am happy to see electric cars now, at last, on the roads. There are several beautiful TESLA's in Oxford and I am convinced that TESLA will succeed, as old car makers like Ford compete and try to unload "hybrids" on the unsuspecting public, to use up their clunky petrol/diesel inventories before designing real-electric cars. I am also convinced that TESLA has the lead on modern batteries - and will make a large fortune from that side of their business, churning them out from the TESLA mega-factory. So I bought TESLA shares - which are doing very well.
Despite the owner, Elon Musk, increasingly hysterically warning investors that his little TESLA company is not worth as much as massive General Motors - the shares have risen on hope, green-prayers and cussed ignorance. Now, this week, they are at last going down, dropped 20%, going back to levels that might reflect reality for a young company that hasn't yet made a profit.
What will I do? I'm holding my shares. I think visionary Elon will come through. I think the competition is a long way behind, and I think TESLA will be the next Microsoft or Apple. Buy Now to Avoid Disappointment. But, I'm not an investment adviser, so read the media below - and make up your own mind.
PS - What I omitted from my paper - as it was already far too radical for elderly competition judges - is the very best idea - to Tarmac the Railways. The rails are empty 95% of the day and link the centres of all cities and many towns. Coaches, Trucks,Vans and Cars will make much better use of those Victorian super-highways.