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May 22, 2012

$400M e-car network lets Israeli drivers swap batteries quickly

  • Better Place stations are operating in Israel. The plan is to ramp up there and then expand into Denmark, Australia and beyond.
    • By AMY TEIBEL
    Associated Press

    ROSH HAAYIN, Israel — Israeli entrepreneur Shai Agassi has begun rolling out the world's first nationwide electric car network. Now, will the drivers come?

    After more than $400 million in outlays and months behind schedule, dozens of electric cars have hit the road in Israel, the test site Agassi chose for his Better Place venture. Four stations where the cars can get a new dose of juice when their batteries run out are operating, and the plan is to ramp that number up within months.


     
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