Better Place EV system

From: International Business Times:
Better Place unveils tech to switch EVs batteries

Better Place is a company building a network of charging stations, and more interestingly, battery replacement stations for upcoming standardized EVs using lithium ion batteries. This is the kind of scheme that has a very high fixed cost for deployment, but potentially low variable costs downstream, and only works if it has a lot of EVs over which to spread the initial cost of deployment, and therefore needs patient capital. The whole scheme, led by Shai Agassi a software entrepreneur, and plans to deploy initially in Israel, which has obvious reasons for wanting to switch from Oil to electric.

A video of the battery replacement (say for a long trip that would deplete the standardized battery technology they propose where it is faster to replace than recharge) is below

David Levinson

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This page contains a single entry by David Levinson published on May 16, 2009 5:55 AM.

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