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Reimagining the Automobile Industry by Selling the Electricity

New York Times Original article ›

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Electricity recharging stations instead of gas filling stations that would use the existing electricity grid by extending it and use existing battery technology is an idea that is being tried by a group of companies with a $100 million investment by the Israel Corporation, and $100 million from other sources. It would also provide for swapping batteries for instant refilling. It is estimated that assuming a lifespan of 1500 battery recharges energy cost of all electric cars would be 7 cents per mile according to Mr. Agassi's company Better Place which is behind this investment.

Electric car development

10/18/2006

Thecompetition to develop a plug in electric car that can get something near 200 miles on a single charge, and run on electricity alone for that long. And to do this at a price in the low twenties, that would make it attractive even with lower gasoline prices

Grouped Articles

Not Coming Soon to a Lot Near You: Chinese Cars

New York Times 10/18/2006

GM Hopes Engine of Future Sells Cars Now - WSJ.com

Wall Street Journal 11/29/2006

Shifting Gears, GM Now Sees Green

Wall Street Journal 05/29/2007

G.M.’s Mr. Horsepower Has an Electric Conversion

New York Times 05/19/2007

G.M.’s Electric Dream Awaits Reality

New York Times 10/24/2007

Toyota's Cautious Green Strategy

Wall Street Journal 10/23/2007


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