Intel’s “strategic objective is tackling big problems and turning them into big businesses,” said former Intel Chairman Andy Grove, as he urged the company’s current leadership to begin manufacturing advanced batteries for plug-in cars.
Grove believes the future of the U.S. auto industry is in electric cars, and that America’s battery production is limited. Thus, Grove contends, Intel should diversify its business by manufacturing advanced batteries for electric cars. Such a venture would create new jobs and increase Intel’s profitability. In short, Grove believes Intel should innovate its way to future success. continue reading