Source: San Jose Mercury News
“Silicon Valley is already the capital of the world’s high-tech industry. Is it also becoming the Detroit of the electric car industry?
Last week’s announcement by Shai Agassi, a former SAP executive based in Palo Alto, that he’s raised $200 million for a company that will try to revolutionize the electric car industry is the latest sign of this region’s growing role in one of the hottest sectors of the automotive industry.”