General Motors (NYSE: GM) announced today it has acquired a 25% ownership stake in Pure Watercraft, a Seattle-based company that specializes in all-electric boating. The collaboration between GM and Pure Watercraft “advances a shared vision to promote sustainability through an expansion of zero-emissions mobility for future generations and reflects the holistic approach necessary for widespread EV adoption,” GM said in a release.
The so-called Pure Outboard from Pure Watercraft uses efficiency to benefit a boat’s performance while reducing environmental pollution with a much lower operating costs and maintenance than traditional marine propulsion systems, it’s claimed. An open issue with EV technology remains the thus far unexplored anti-trust implications as giant global automakers and battery companies appear to be well on the way to owning and controlling electric mobility. Continue reading











FAA Fines Passengers for Alcohol-Related Unruly Behavior
Some of the cases have been referred to the Department of Justice for criminal action1. Federal law prohibits passengers from consuming alcohol aboard a flight that is not served by a flight attendant. In August, the FAA administrator sent a letter to airports requesting that they work to prevent passengers from bringing “to-go” cups of alcohol aboard the aircraft. Continue reading →