Better Place heads to Australia
We’ve talked a bit about Better Place before - the brainchild of ex-SAP honcho, Shai Agassi. Not content with simply rolling out in Israel, Better Place has recently added Denmark and now Australia to their expansion program.
Green Car Congress has posted an in-depth article about the details of Better Place’s move to Aussie.
Better Place is partnering with AGL Energy and financial advisor Macquarie Capital Group to raise A$1 billion (US$665 million) and to begin deploying an electric vehicle (EV) network powered by renewable energy.
The Better Place network infrastructure consists of three primary components:
- Charge spots. These are to keep the batteries topped off with power so that they always have 100 miles of driving capacity, according to the company. Better Place is planning a 2.5:1 ratio of charge spots to cars
- Battery switching stations. For trips longer than 100 miles (161 km), Better Place plans to build roadside battery switching stations. Stations are to be completely automated, and the driver’s subscription takes care of everything. The driver pulls in, and the depleted battery is replaced with a fresh one, without anyone having to leave the vehicle. The process takes less time than it does to fill a tank of liquid fuel, according to the plan.
- Software to automates the charging and exchange process.
Head over to Green Car Congress for the full article.
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