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Israel backs Palo Alto man’s electric car plan

Posted by keelynet on July 5, 2008

Swapping battery packs when you don’t have time to recharge is the right way to go.

“Shai Agassi, a Silicon Valley entrepreneur, pledges that he can beat the spiraling cost of gasoline with the world’s first mass-produced electric car. Agassi is banking on his electric-powered sedan revolutionizing life on the roads, cleaning up the environment and reducing dependence on oil. The cars are expected to have a range of up to 140 miles per charge and a top speed of 68 mph – the speed limit in Israel. Last month, he invited reporters to test-drive a prototype that looks a lot like the Renault Megane, a four-door sedan. The car is noticeably quiet and has no exhaust pipe, an electric socket in place of a gas cap and a dashboard gauge that measures the charge of the vehicle’s 450-pound lithium-ion battery. Agassi said that because most rides are less than 100 miles, drivers can recharge batteries at home, at work or at thousands of charging points throughout Israel. On longer trips, they can exchange batteries in a five-minute operation at about 200 “swap stations.” “We have a second battery for every driver in the swap stations. It’s waiting for you in case you need it. You don’t need to carry it with you in the trunk,” Agassi said. Moreover, Nissan’s global product planning chief, Tom Lane, has said his firm will soon announce a battery breakthrough, one that could increase driving range to around 200 miles per charge while recharging in as little as 20 minutes. Project Better Place plans to charge $550 a month and provide 18,000 miles a year for the use of the batteries and charging and swap stations. The customer doesn’t own the battery – the cars are designed to have easily removable battery packs that can be exchanged. In Israel, the joint-venture Nissan-Renault/Project Better Place electric car is expected to have a range of 140 miles per charge. For longer drives, motorists will be able to replace the battery at about 200 swap stations to be built throughout Israel by 2010. / (Courtesy of Ken H. – JWD)” – Source

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