Building Infrastructure for Electric Cars, California Comany Owned by Israeli Looks to the Future

B"H

Well, if you are wondering who to look to for investments--it looks like this company has the right idea. Instead of looking back, they are looking to the future, taking a chance, and setting up an infrastructure for the next big thing in transportation.

Bully for them! They say happiness is contagious. I think optimism is too.

M
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Dec 9, 2008 9:50 | Updated Dec 9, 2008 9:53
Israeli start-up wires parking lot for electric cars
By ASSOCIATED PRESS
http://www.jpost.com/servlet/Satellite?cid=1228728118335&pagename=JPost%2FJPArticle%2FShowFull

Instead of filling up at the pump, soon Israeli motorists will be able to fill their cars up at the plug. That's the idea behind Monday's demonstration of the parking lot of the future, equipped with stations to charge the batterypowered cars scheduled to ply Israel's streets in 2011. The government has endorsed the project, which aims to blanket the country with electric cars and plugs.

Israel's electric car project unveils recharging stations

The California-based company, Project Better Place, founded by Israeli Shai Agassi, is building the infrastructure to switch Israeli drivers over to battery power. The group has built 400 wired parking spots, mainly in and around Tel Aviv, since it launched the initiative in June.

Demonstrating the first 10 stations in a Tel Aviv mall parking lot, organizers explained that drivers can charge their cars while shopping.

Charging stations are one-meter-high pedestals with curly-cued cords attached. A triangular plug fits into a socket where a car's gas tank usually is.

Pini Leiberman, manager of infrastructure for Project Better Place, said the group hopes to wire 100,000 parking spots in Israel by 2010. The plugs will energize a fleet of electric cars being developed by the Renault-Nissan Alliance scheduled to hit the streets of Israel in 2011.

The car prototype was first demonstrated in May. The government believes it's a way to reduce Israel's dependence on oil and reduce pollution.

However, there are concerns that the cars can drive only short distances before they need to be charged. Leiberman said wired parking lots like the one displayed Monday can help solve the problem. There should be charging stations every 40 kilometers in 2010, he added.

Leiberman said the company is developing battery-changing stations, so drivers with no time to charge can trade drained batteries for charged ones.

Drivers who recharge at parking lots will pay by the kilometer. Computers will look at how much electricity the car needs and calculate the cost.

Leiberman said he did not know what the cost per kilometer would be, nor what the cars will cost, but pledged it will be lower than gasoline-operated cars.

That could be critical. Persuading Israeli car owners to trade their gas guzzlers for shortrange vehicles could depend on whether the overall outlay is significantly lower, including the cost and effort of installing special plugs at their homes. There are also concerns about pollution from spent batteries and added drain on the already sagging electricity grid.

Israel Corp., a local partner of Better Place, has invested $200 million in the project, the company said, to pay for the entire electric car infrastructure in Israel.

If Project Better Place's plan works, Israel would become the first country to have large numbers of electric cars on its streets. Test runs are set for next year.

The Danish energy company DONG Energy AS adopted a Better Place model in March, hoping to have electric cars running on power generated from wind turbines by 2011.

Hawaii and California were among the first states to sign onto the plan, the company said.