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Transport committee  Yes, I think two years would be safe for that type of thing. The ones that I know of that are either being developed or under consideration wouldn't launch before a two-year timeframe.

May 1st, 2012Committee meeting

David Pascoe

Transport committee  In Israel?

May 1st, 2012Committee meeting

David Pascoe

Transport committee  Yes, I would say that certainly it's doable, but I would suggest to you that the government subsidies must be tremendous to make it work.

May 1st, 2012Committee meeting

David Pascoe

May 1st, 2012Committee meeting

David Pascoe

Transport committee  No, I don't know the number, but I recall hearing something. Basically, I think the government is paying for half the car, and my guess is that they're probably subsidizing the swap stations as well. I think it's a really heavy subsidy on those.

May 1st, 2012Committee meeting

David Pascoe

Transport committee  We had discussions with some of what I'll call the subs of Hydro-Québec. I believe there was a battery pack company, and I think Dow Kokam purchased them at the end of the day. We've had discussions at that level about potentially getting technology. Certainly, Hydro-Québec has s

May 1st, 2012Committee meeting

David Pascoe

Transport committee  Certainly, Hydro-Québec has brought some really excellent battery chemistry to bear, and that's being licensed out, I believe. It's the lithium iron phosphate chemistry. That, for hybrid applications, is really very good.

May 1st, 2012Committee meeting

David Pascoe

Transport committee  I'm not sure.... It must have been somebody else who equivocated. I think it's a cheap fuel now, and I expect it to remain inexpensive. Certainly, the laws of economics will prevail with supply and demand. We're seeing supply increasing faster than the demand today. If we were

May 1st, 2012Committee meeting

David Pascoe

Transport committee  I'm aware of his idea. I think one of the reasons he's looking at Israel is that the geographic size is a little more reasonable. That's why, if you were to take up the challenge, it might be an appropriate location. With regard to swap stations, I don't think it has a good chan

May 1st, 2012Committee meeting

David Pascoe

Transport committee  I don't think there are impediments today, because there are, I believe, companies out there selling home fuelling systems today. You can buy them today. We're just looking at potentially entering that business.

May 1st, 2012Committee meeting

David Pascoe

Transport committee  Today they're around $6,000. We see a route to getting it to one half to one quarter of that. Because the volume's low, ultimately it's—

May 1st, 2012Committee meeting

David Pascoe

Transport committee  I'm not sure about that. I think probably not.

May 1st, 2012Committee meeting

David Pascoe

Transport committee  They could. They would have to do a new reinstall if they moved it.

May 1st, 2012Committee meeting

David Pascoe

Transport committee  That's a good question. In North America, the only pure natural gas vehicle I'm aware of that's being sold today is a Honda, I think a GSX or something like that. There are also a lot of pure natural gas vehicles being sold in foreign countries. I can tell you that our custom

May 1st, 2012Committee meeting

David Pascoe

Transport committee  Exactly.

May 1st, 2012Committee meeting

David Pascoe