Former Intel (Nasdaq: INTC) Chairman Andy Grove has a knack for sensing when circumstances should force changes at a company or an industry -- and how to respond.
He even has coined a term for it: the "strategic inflection point." Now the retired chairman of the world's largest computer chip maker thinks the term applies to energy and transportation, where record-high gasoline and oil prices have spurred interest in alternative energy sources and next-generation vehicles.
During the past year and a half, Grove has created his own crash course in electric power, plug-in hybrid vehicles and finding ways of shifting the nation's fleet of vehicles from gasoline. His goal: To draw more attention to electric vehicles.
"The most important thing I would like to do is light that almost half-assumed truth up in neon lights: Electricity in transportation has to be done. It is urgent. It is important that everything else is secondary," Grove said in a recent interview with The Associated Press.
"The drumbeat of the electrical transportation is accelerating like nothing I've ever seen in my life," he said.
Dentsu 14 hours
SAMRA 13 hours
