Electric Cars For Sale

Shai Agassi started developing infrastructure for servicing electric cars in 2007. Back then circumstances were not quite in his favor. But things have changed for the better due to a combination of rising gas prices, and increasing air pollution. Agassi, an Israeli-born 40 year old entrepreneur, is selling a new concept for charging electric cars. According to him, the best way of making electric cars popular among drivers is to install a network of stations where a driver can replace the exhausted battery of his plug in electric car with a charged one.

Better Place has already started working in test markets like Israel, Denmark and Japan, where it has built its first battery-changing stations. According to Agassi, a single battery-changing station will cost around $500,000 to build. It would include a conveyor where the car would be parked while its exhausted battery is removed, and then replaced with a charged one. The batteries could be owned by Better Place, and consumers would simply have to purchase electric charges the way they purchase cell phone minutes. Agassi’s concept has garnered support from powerful electric car supporters including former Israeli Prime Minister, Shimon Peres and the chief executive of a major automaker which is making electric cars for sale.