投资顾问Jerry跟客户Frank见面，向他推销一种投资想法。

Jerry: I believe the iron is hot right now in the field of energy and transportation. Everyone is looking for new ways to reduce energy consumption. 我认为在能源和交通方面铁很重要。每个人都在寻找最佳降低能源的新方法。

F: Yeah, you're right. I bought a hybrid car last month...saves me as much as 50% in gasoline use! 是的，你是对的。我上个月买了一个动力车……耗油量减少了50%。

J: Hybrids are the hottest thing on the market these days, and I think they fill a niche right now, but I'm betting that the future belongs to fully electric-powered vehicles. 动力车是当下市场上最流行的。但是我认为汽车今后还是要向纯电动方向发展。

Jerry 觉得，能源和交通是投资的正确方向，一定要趁热打铁。Frank表示赞成，说自己上个月刚买了一辆汽电混合动力车hybrid，耗油量少了一半。Jerry承认，汽电混合动力车现在很流行，有自己的市场定位niche, niche is spelled n-i-c-h-e，但他觉得，汽车今后还是要向纯电动的方向发展。

F: That might be true. But I manufacture in China. Millions of people there don't even have a gas-powered car yet. 这有可能是真的。但是我的工厂在中国。大多数中国人连汽油动力都没有。

J: Yes...but don't you see? This is a golden opportunity! Millions of middle class Chinese could potentially leapfrog over the old technologies and embrace electric vehicles. 是的……这是个绝好的机会！数以百万计的中产阶级都可以跨越陈旧的技术，直接利用新技术。

F: It's an interesting idea. I know the government is supporting electric vehicles since many cities have serious air pollution. 这是个有趣的故事。因为很多城市都有空气污染，政府还是很支持电动汽车的发展的。

Frank的工厂在中国，而中国很多人连汽油动力车都没有，哪谈得上什么纯电力车呢？Jerry却觉得，这是绝好的机会。This is a golden opportunity. 因为中国数以百万计的中产阶级都可以跨越陈旧的技术，直接利用新技术，这里所说的leapfrog蛙跳，是跃过，跨过的意思。Frank觉得，这种想法有道理，因为中国政府为了治理空气污染，非常支持电动汽车的发展。

J: Just imagine! You could make a lot of money AND help make China a better place for people to live. 想象下！那样你可以赚很多钱并且让中国的生活环境提高。

F: So you want me to invest in producing electric cars? 所以说你希望我投资声场电动车？

J: I think the real area of interest here is batteries. Battery technology needs to catch up. We already have a lot of companies that can make the cars, but batteries are far too expensive. 我认为真正的感兴趣的领域是电池。电池技术还需要改进，但是电池太贵了。

开发电力汽车，这种既能赚钱，又能改善中国生活环境的事何乐而不为呢？Jerry补充说，他其实不是建议Frank投资电力汽车，The real area of interest is batteries，真有干头的是电池这一块，因为battery technology needs to catch up，电池技术还需要改进。Frank会被Jerry说服，投资电力汽车电池技术的开发吗？我们下次继续听。