The Market Tipping Point for Electric Cars?

Better Place (formally Project Better Place) announced (see Frankfurt Auto Show press conference) that they had committed to the purchase of 100,000 (not a typo) all electric cars from Renault to be rolled out as they implement there electric vehicle infrastructure system in Israel and Denmark during 2010 and 2011.  The Better Place system resolves and balances the electrical demand of electric cars with the existing supply capabilities of utilities by managing charging times to coincide with a utility’s time of excess capacity (see Fortune Magazine interview).  In addition, the Better Place vision potentially marries the storage capacity of electric car batteries with wind power (much of which is generated at night), making both wind power and electric cars more economically sustainable.

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