Thursday, February 12, 2009

Company Maps Out Plan For Car Charging Stations


Years ago, when Shai Agassi started promoting his idea of service stations to recharge electric cars, the automotive world barely took notice.

At the time, gas was cheap, big pickups and S.U.V.’s ruled American roads, and alternative-fuel vehicles seemed destined to remain a tiny niche for green-minded consumers and technophiles.

But now nearly every major auto company in the world has committed to building electric cars, and President Obama has made reducing oil consumption a centerpiece of his energy policy.

The timing could not be better for Mr. Agassi, a former software executive who is drawing upon his Silicon Valley experience as he pursues his vision of building networks of battery-exchange stations in North America, Europe, Japan and Australia to increase the driving range of electric cars.

See full Article.