The Electric Car, or MPG "what me worry?" Message Board

To: Tadsamillionaire who wrote (520)	11/22/2008 11:08:45 PM
From: Tadsamillionaire	of 2336

Start-Up Plans Electric-Car Network SAN FRANCISCO -- Better Place, a start-up company developing technology to support electric cars, Thursday announced plans for a $1 billion network to charge electric cars in the San Francisco Bay Area as part of a broad push into the U.S. The closely held Palo Alto, Calif., company, founded by former SAP AG executive Shai Agassi in 2007, already is building networks for electric cars in Israel and Denmark and in October announced plans to expand into Australia. The company said it would now move into the U.S. market, with construction of battery-recharging stations in the Bay Area starting in 2010. The stations are critical because existing electric-car batteries go only about 40 miles on a single charge. Better Place also is promoting the idea of removable car batteries that could be swapped for charged ones at centers akin to service stations, sending drivers on their way without waiting to recharge. Complete article link below... online.wsj.com