18 Apr '11, 11am

Car 2.0 Overview

Car 2.0 Overview

The very friendly representative on my tour explained that, economically, this new model works by separating the ownership of the car and the battery. Currently, when one buys a regular combustion engine, you do not purchase a mini oil well to go along with your car, so why should one’s future consumption be factored into the cost of the battery all at once? With Better Place, you pay for the car and then pay for the battery like you would for a cell phone. As you consume energy from the smart grid and swap out the battery, you pay for the energy. Per mile, under Moore’s law of the doubling of power effect in electronics’ capacity every two years, Agassi predicts the cost to be $.02/mile in 2020 (see video above). But looking at some current EVs on the market, like the Tesla Roadster, which gets around 180 WH/mile at about $.15 kWh, the cost already equals out to $.027/mil...

Full article: http://cleantechnica.com/2011/04/18/car-2-0-overview/

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