Japanese Water Car

While we are busy trying to create and market the perfect electric car, the Japanese have gone the extra mile and plan to mass produce a car which runs primarily on water. What do you think, will this car be a viable alternative to gas and electric vehicles?
Unlike other electric cars, the Genepax car does not require that batteries be recharged and has no emission. The water electrical generator is located in the back of the car and when water is poured it is then broken down in order to create electricity to power the car. Imagine what such a generator could do to the oil industry, the nuclear plants and the electrical grid.

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Having heard from an expert in the car industry I do not find this news surprising. He said that his technology is not particularly new but will never make it into mass production while the oil industry is so powerful and there is so much oil left. Investment and the required partners to bring this into mass production are near impossible at present.

He even mentioned some of the issues regarding starting a water powered car! However the issues regarding the technology do not seem insurmountable once proper support is given.
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Additionally, why is Neatorama trying to influence the unconscious word-choice of its commenters? I don't think that I would have normally used the term "snake-oil" in my above comment. I mean, when was the last time that I've said "snake-oil?" I can't remember. But I see that the subject of a recent post on Neatorama _was_ snake-oil. Coincidence? I think not.
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