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Better place electric car venture
Bottom line, to make it work, we have to make people care! December 14, RealJLevine says: I enjoyed reading this post. For example, according to the AAA, the average American driver will drive about 13, miles in a year. On a daily basis, this is 37 miles per day. For the vast majority of consumers, home charging is sufficient — and many Tesla owners ask their electricians to install higher power volt outlets similar to what you would use for a washing machine to increase the speed of charging.
One additional note — the hour charge time is assuming your battery is fully drained. But because the average driver would have only used 30 miles, it would take well under an hour to charge at the end of a day. This can actually happen while you sleep — even though you may plug in the car when you arrive home from work or dinner, the car is smart and will charge when utility rates are lowest, often in the early hours of the morning.
Tesla has also been building out its own network of Superchargers, which can charge a Model S for free in under an hour. Leave a comment Cancel reply You must be logged in to post a comment. Shai Agassi, the founder and CEO of Better Place until October , focused the company on serving smaller countries with shorter commutes and high gas prices, such as Israel, Denmark and Japan, as well as states, such as Hawaii. Better Place had built more than charging stations on four islands in Hawaii, for example, but sold them in March to OpConnect as part of an effort to reduce costs and concentrate on Denmark and Israel.
Better Place switchable batteries would offer electric cars unlimited range and reduce dependency on oil. Better Place Reuters cited a report from Israel Corp. Subsequent efforts to raise more funds were unsuccessful, leading to the shutdown of the company. In addition to Israel Corp. Delivered Mondays.
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| Spartan sports book | From the beginning, however, Agassi had unrealistic expectations for what the company could do in the market with the money it had. In Australia a roll-out of charge stations was planned to begin in the major eastern coast cities before expanding nationally. Soon, he had inked deals to test the cars in Israel and Denmark, with other countries lining up behind. That startup promised to revolutionize the nascent electric vehicle market and make range anxiety a thing of the past. The concept had come from Agassi's idea of running a nation without oil, most of which in Israel--as in many other countries--was used in gasoline and diesel vehicles for transport. Notable Accomplishments Agassi is a serial entrepreneur. Without really changing the same vehicle. |
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| Horse betting beginners guide | Uber is the first step. Fast chargers still take between 20 and 30 minutes to charge up, but advances in technologies should drive that figure down. The policy notes the benefits of reducing the "dependency of the State of Israel on fuel," and of cutting "harm resulting from the use of fuel in private vehicles in particular. Marketing has been another challenge: The company is asking its customers not only to embrace a new technology, but an unfamiliar business model that is hard to explain. Suppliers must also serve customers from other networks. So the initiative developed a charging unit for swapping batteries. Agassi was forced out of Better Place in October, his successor as CEO quit in January, and better place electric car venture company has put its global rollout on hold. |
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But the large-scale deals never materialized. Only about of its cars are on the road in Israel, and about in Denmark. Renault could not immediately be reached for comment. In February it said Renault-Nissan and Better Place had signed an agreement "to provide the necessary conditions for the successful launch of electric vehicles. The company made changes and reduced its workforce. Alan Gelman, chief financial officer and head of operations in Israel, told Reuters at the time that the company knew why it was floundering and was trying to turn a corner.
After a failed final round of fundraising, Better Place turned to the Tel Aviv area court. Israel Corp, the largest shareholder in Better Place, said in a statement to the Tel Aviv Stock Exchange on Sunday it had decided not to inject more cash into the beleaguered company.
Like wireless phone companies that discount their hardware and make the money back by selling minutes, Better Place reduces the price of the car and charges its owners a monthly fee for the battery and electricity, based on how many miles they travel. In fact, leasing a Better Place car in Israel costs about 20 percent less than a Toyota Prius or Honda Insight hybrid, the company says. In his heyday, Agassi liked to tell people that Better Place would eventually be able to give cars away, and still turn a profit.
But such rosy projections never came close to materializing. Local authorities, whose permission was needed to build battery-switching stations, put up unexpected roadblocks, slowing progress, company officials said. Another shortcoming: Better Place assumed that other automakers would build vehicles that are compatible with its battery-swapping technology, but so far only Renault has done so.
Marketing has been another challenge: The company is asking its customers not only to embrace a new technology, but an unfamiliar business model that is hard to explain. He said battery swapping might make sense for taxis or fleets, but not on a broad scale. My test drive with Better Place was a mixed bag. On the round trip from Tel Aviv to the Negev, I had to switch batteries twice, going slightly out of my way both times.
On the plus side, the battery-switching station, which resembled an automated car wash, worked perfectly: I was in and out in about five minutes, without having to leave my car. And I loved the instant torque and the quiet of the Fluence EV. Better Place customers seem to be satisfied, too. Although their numbers are small, electric vehicle owners worldwide are generally happy with the new technology.
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