JUCCCE China Clean Energy Forum Notes: Better Place Electric Automotive

Monday, November 10, 2008 21:19
Posted in category Uncategorized

Marshall Towe, Better Place

Create a scalable, replicable, model for entirely eliminating a country’s dependence on oil

why:
climate change, energy security, trade imbalance, criteria performance, geopolitics, health benefits

who:
by 2030… Australia will have all electric cars

Better place solution:
- buy a car for 25,000 that is EV
- build the charge spot (capital cost of 250USD per spot)
- energy for network is done through renewable energy (wind )
- need 1000MW for 1 million cars
- battery exchange

selling km.. not cars. will swap batteries at 160,000km in 3 minute process

tangible benefits:
- driver expenditures decrease and vehicle affordability improves
- auto makers evolve beyond oil and thrive
- energy companies surge into new markets for renewable energy

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