kdawson from the twist-of-lemon-please dept.
JoshuaInNippon writes "Four major Japanese car manufacturers and one power company (Mitsubishi, Nissan, Subaru, Toyota, and Tokyo Electric) have teamed up with over 150 business and government entities in Japan to form a group to promote standardization in electric vehicle chargers and charging stations. The group hopes to leverage current Japanese electric vehicle technology and spread standardization throughout the country, as well as aim towards worldwide acceptance of their standardized charger model. In a very Japanese manner, the group has decided to call themselves 'CHAdeMO,' a play on the English words 'charge' and 'move,' as well as a Japanese pun that encourages tea-drinking while waiting the 15+ minutes it will take to charge one's vehicle battery."
The herd instinct among economists makes sheep look like independent thinkers.