The Seeking Alpha article said Shell and its financial resources could blow CLNE out of the water. But since CLNE was first to this game don't they have some trade secrets, proprietary knowledge, and/or patents on the fueling equipment and processes? I find it hard to beleive this is all just comercially available technology when there has been no prior market for it. Anyone have any insights to the techology side of this business - who has it or owns it?.
Maybe Shell needs CLNE as a supplier, if nothing else, to get into this game.
Or is there another party who would be the supplier of equipment to both Shell and CLNE?
Can we assume even Westport has competitors on the engine side?
The local 2 ton, propane delivery truck, ran off it's big tank back in the 70s, when i moved to the area, and it had over 100,000 miles on it then. It was an off the shelf conversion.
Aside from the modern electronics with metered fuel injection and the smog stuff..It's probably mostly old tech and no longer under patent protection...at a guess.
Obviously hell could pick CLNE for pocket change.
If you go back over the last 20-30 years the oil companies have been the major backers of green energy. They know they stand to lose the most so their plan has always been to control the distribution system when something like hydrogen, electric, or NG came along. CLNE must knows this and has likely already incorporated it into their plan. CLNE from what I can see is more about infrastructure and won't be competing with Shell. Some of CLNE's partners might compete with Shell but CLNE won't be.
The fact that CHK and Springleaf are throwing 300M at them speaks volumes. Do you think they are in the habit of throwing away that kind of money. I don't think so. CLNE will do well. They will either be bought out, partner with a big dog, or just prosper. CLNE has a lot going on in some key corridors and the existing ability to produce the needed fuel. When I drive down the road I am not looking at what brand of station I fill up at, I just need gas at the next, most convienient location. Patience!!!
agree....look at the new board hire...WM...i don't know why they don't speak more about these kinds of venues...eh mr. pickens? Send some guys to school boards, superintentions, and the like and get the word out better...cleaner air...that's the hook...not mpg...i have discussed this with many people in my neck of the woods and they don't even know what i'm talking about..."no, not propane" ...(dumb a**).